What Debt Is Acceptable And What Debt Is Foolish?

I don’t know how anyone is supposed to learn about money these days. Here’s how our culture treats money and financial discussions. We’re not supposed to talk about money. Don’t tell anyone how much you earn. Don’t let anyone know you owe money. Want to ask questions to try to understand money? Don’t if it…

Continue Reading…

The Huge Mistake We Made While Paying Off $80,000 In 3 Years

Paying off over $80,000 of student loan debt in less than three years is quite the accomplishment. My wife and I did just that during the three years after she graduated from college. It wasn’t easy, but we made it happen. We cut our expenses back as far as we could and found ways to…

Continue Reading…

Our Student Loan Debt Pay Off Journey

A few months after I started blogging, my wife, who was my girlfriend at the time, and I decided to share our journey paying off her student loan debt. When she graduated in May 2011, she had over $80,000 of student loan debt. It was scary, but together we decided we would destroy the student…

Continue Reading…

Should We Treat Ourselves While Destroying Our Student Loan Debt?

Recently I shared how intensely I think people should destroy their debt depending on what type of debt they have and the interest rate of the debt. We’re pretty lucky that we didn’t have any of the worst types of debt, which include payday loans and credit cards. However, as you may be aware of,…

Continue Reading…

How Intensely Should You Destroy Your Debt?

Have you read the stories about crazy people who paid off their debt as quickly as possible but suffered majorly in order to do so? I’ve come across some insane stories of people who have cashed out their 401(k)s and paid huge penalties to pay off low interest rate student loan debt. That’s pretty extreme….

Continue Reading…