This past weekend I made a final payment on my 3rd student loan and what remains is this little guy below. This little guy that isn't so little, a mere $20k, will be my final debt. Instead of concentrating on the large amount, i'll be taking it one step at a time month by month.
Liabilities
|
Min Payment
|
Balance
|
Interest Rate
|
Student Loan 1
|
$227.05
|
$20,879
|
2.36% / 6.8%
|
227.05
|
$20,879
|
I am so excited to be getting these debts out of my life once and for all. And the thought of instead of $1,600+ every month going out the window to paying off debt, will instead land in my savings account and allow me to live a completely different life is such a motivator. I will be able to go after goals that I have placed on the back burner because of this dead weight debt. What a great feeling to have on a Monday! Have a great week!
How is your debt payoff going? Do you have a plan in place? Follow me on Twitter @financegirl
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