When it comes to paying myself first. Do I do it even when I don't get enough money to cover my expenses?
All tagged Paying back debt
How I Paid Off $25k in Student Loan Debt in Just 15 Months
I’m currently a high school math teacher and I recently paid off US$25,000 in 15 months.
Yes, you read that right.
I put a lot of work into it, and did some crazy things to pay off this debt...
I’ll be making my last ever student loan payment in a few hours.
It’s been one of the hardest decisions I’ve had to make – focus on saving or paying off debt? I started off doing a bit of both but in the last few months, I changed my strategy and focused on paying off all debts and have used almost all my savings to do this.
Why?
Because my student loans are in US Dollars and I earn in South African Rands and in the last 9 months, the rand has depreciated significantly against the Dollar, making my debts even more expensive.