How can I put this gently… I have a mountain of student debt and you know what? Around 25% of it is interest! Say what?! Yup, you read correctly…after making minimum payments for the past three years, I have an extra THIRTY THOUSAND DOLLARS of interest. I could do so much with that amount of money, it’s insane.
No one likes debt. It’s like a gloomy little rain cloud blocking out the sun. My personal gloomy rain cloud is abnormally large. It contained a car loan, undergraduate student loans, and graduate student loans. My goal is to pay off my debt as fast as possible by living minimally.