Author Topic: Student loans GONE  (Read 3609 times)

wifeytini623

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Student loans GONE
« on: January 24, 2015, 09:23:59 PM »
Rejoice with me mustachians! My husband and I submitted our very last student loan payment last month!!!!!!!!!!

We are on a single income of less than 40k/year, but we have managed to pay off 62k in about 3.5 years by applying some mustachian principles to our spending :) We are so incredibly proud of our accomplishment. Now that we have our student loans kicked in the balls, we are in the process of saving for a house. SO HAPPY!!!

SingleMomDebt

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Re: Student loans GONE
« Reply #1 on: January 24, 2015, 09:29:29 PM »
Congratulations, wifeytini623! That's definitely badass moves on a single income. Have fun celebrating!

Money Badger

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Re: Student loans GONE
« Reply #2 on: January 25, 2015, 07:08:42 AM »
Awesome job and rejoice at being one of the special "debt free" class!    Smell the roses here!   

TheThirstyStag

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Re: Student loans GONE
« Reply #3 on: January 25, 2015, 09:00:19 AM »
Really badass on a single income.  Pat yourselves on the back, treat yourself to a delicious home made meal, and look forward to that house

JuSp02

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Re: Student loans GONE
« Reply #4 on: January 25, 2015, 11:05:45 AM »
Congratulations!! This is really impressive!! With your mustachian superpowers, you'll save up your downpayment in no time!

dividendman

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Re: Student loans GONE
« Reply #5 on: January 25, 2015, 12:45:43 PM »
Holy Shit! Good job!

The extra cash flow must feel amazing!

11ducks

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Re: Student loans GONE
« Reply #6 on: January 25, 2015, 02:49:48 PM »
Well done!

Single in the Suburbs

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Re: Student loans GONE
« Reply #7 on: January 30, 2015, 06:13:05 PM »
CONGRATULATIONS!!!

Was there a couple of things that you did that you feel allowed you to reach that goal? I'm working with similar numbers (but just me on my income) and would love to learn from your success story.

bigalsmith101

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Re: Student loans GONE
« Reply #8 on: January 30, 2015, 06:39:58 PM »
I will rejoice! I have accomplished this same task today! (Albeit for my loans, wifey's loans are next). Congratulations!

Metta

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Re: Student loans GONE
« Reply #9 on: January 30, 2015, 07:23:18 PM »
Sweet! The feeling of being free from debt is amazing! I'm so glad you have wrestled the student loans down and forced them to surrender to your will!

And I congrats to bigalsmith101 as well!

TheBuddha

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Re: Student loans GONE
« Reply #10 on: January 30, 2015, 08:50:45 PM »
AWESOME

I'm almost there myself, I imagine every day how good it will feel to be debt-free

health teacher

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Re: Student loans GONE
« Reply #11 on: January 30, 2015, 09:39:13 PM »
Mine are done on February 2nd. 38k in 2 years, with the help of my lovely wife.

47k remaining on our mortgage. The wife turns 27 in May. Our goal is to pay it off before she turns 30. Not bad for two teachers.

RichWard

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Re: Student loans GONE
« Reply #12 on: January 31, 2015, 11:53:19 AM »
Congrats! That's a determined couple. Once you go 3+ years with those principles, they basically become a part of you. You also learn how to enjoy each other's company without going out every other night.

Enjoy the freedom debt free living provides :)