At long last, I have reached the 50’s! Can you believe I’ve been in the 60’s since July of last year!?!
It really doesn’t take long to notice how much reducing my monthly payments impacts my timeline.
Current stats on my student loan:
Original Balance: $112,258
Remaining Balance: $58,600
Monthly Payments: ~$1,720.00 (down from $2,720) 😦
Term Remaining on Debtor’s Prison Sentence: 3 years and 1 month 😦
Current (variable) Interest rate: 4.55% (up from original rate of 3.42%)
Happy 4th of July!
I’ve decided to go back to making semi-monthly payments. Waiting an entire month to see my balance drop was feeling excruciatingly slow. I think this way will keep me more motivated.
Expenses are going up
Fireworks aren’t the only thing going up these days. Read More
Time seems to be flying by. I’ve been on an information diet for the last two weeks and feel a lot better. Really. If any world shaking event happens, I’ll hear about it from other people. Apart from that, I’m avoiding the news media for now.
Student Loan Conqueror!
Shout out to Liz @ Less Debt More Wine for featuring my story as a part of her Student Loan Conqueror series. It was fun to participate. If you have student loan debt, I’d encourage you to check out the other profiles and take advantage of the advice they’ve shared, as I have. Read More