Yahoo Finance ran a great article recently that looked at how 7 people paid off their debt (not just student loans). The title of the article is 7 Real people Who Are Winning Their Fight With Debt.
They give you a look at who each person is, what their debt wake-up call was, and how they paid their debts off. It’s a fantastic and inspirational look at real people. It will give you hope as you go about your own fight to pay off your student loans as quickly as possible (and any other debt you might have).
But there is some bad news. Each person sacrificed in order to free up cash to pay off their debt. They felt some pain. They had to give up some things in order to accomplish their goal.
But there’s good news as well. Imagine the freedom and the sense of pride knowing that your student loans are fully paid and out of your life forever. Imagine the weight lifted from your shoulders.
It’s doable. The key is: what is going to be your debt wake-up call? And what are you willing to give up for a while to free up cash to pay aggressively on your student loans?
Read the article here real quick. It will motivate you and give you the strength to knock that student loan out for good.
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