PS - Including student loans, I'm carrying approximately $45k in debt - excluding the mortgage! My take-home pay is about $2422 per month. My plan is to have my debt knocked out in two years. I'll try to keep progress updates posted.
No, it definitely sounds like a good idea, and I'd like to start it once I graduate and get steady employment. I'm a bit overwhelmed at the amount of student loans I have, and I'm freaking out about paying them off. I have a small amount of credit card debt from my period of unemployment (like $3500) and even paying that seems impossible. My monthly bills aren't too bad at the moment, and I will get another $200 back each month after my car is paid off in April. So, I dunno. I remember seeing on TV about that family with 16 kids who went to a seminar about debt and now live without debt--enough to pay for building a huge house without taking out a loan. I think that would be cool. I'll definitely look at the book (what's the exact title?) I hope it's not heavy in financial terminology because that is my weak point.
Comments 10
Reply
Reply
Reply
My monthly bills aren't too bad at the moment, and I will get another $200 back each month after my car is paid off in April.
So, I dunno. I remember seeing on TV about that family with 16 kids who went to a seminar about debt and now live without debt--enough to pay for building a huge house without taking out a loan. I think that would be cool.
I'll definitely look at the book (what's the exact title?) I hope it's not heavy in financial terminology because that is my weak point.
Reply
Happy New Year!
Reply
Happy New Year to you as well!
Reply
Leave a comment