Monday, July 22, 2013

Debt Update: Less Than $10k to Go!

It is with great happiness that I share the following news: I’ve hit the major milestone of being under $10,000 owed on my student loans!
I'm as happy has this guy!

Current debt total = $8,873.02

This gets me closer to my goal of being debt free by the end of the year - hallelujah!

How did I get below $10,000 so quickly? By sticking to the following principles:

  • Put any extra money/unexpected income towards my debt
  • Stick to the budget
  • Sell stuff
  • Make easy substitutions that impact your cash-flow, such as check out books/movies from the library instead of buying them, or walk to work on nice days instead of take the bus/train.
As my grandmother used to say, "'It won't be long now,' the monkey said as his tail got caught in the lawnmower!"


  1. Your grandmother has some odd sayings.

    congrats on getting under 10k! I cant wait for your big $0 debt post!!

  2. You can't wait - imagine how I feel! :)

    And yes, my grandmother did have some odd sayings. That is only the tip of the iceberg!