Day 26: Financial Success Story: Q&A with Debt Ninja

Happy Friday everyone! I cannot tell you how happy I am that the weekend is almost here. For our last Friday post in the series, I have the privilege to interview Debt Ninja, a fellow personal finance blogger (who below says his biggest challenge is saving too much — poor fellow:). So here’s a little Q&A with the hilarious Debt Ninja:

Where do you live?
I live just outside of Seattle, WA. Moved here last summer after spending 8 years in San Diego, CA. Sometimes I wonder why I made the move, but then I’m reminded by my cheap rent and no state income tax :)

When did you first get interested in your finances?
Shortly after I graduated college I chatted with a good friend about Roth IRAs. He told me how awesome they were, and why I needed one. I looked up some information on them online. Started reading personal finance blogs. And have been hooked ever since.

What is the biggest spending temptation for you?
Saving too much. We save like 60% of our pay between retirement and savings accounts. That’s pretty excessive. I love saving, but at some point we need to remember to enjoy our money. Who wants $10,000,000 in the bank when you are 65, if it means you have to eat Top Ramen for the next 40 years?

If I gave you $100 to spend, what would you buy? 
This:

What would you say is your biggest success / accomplishment in your finances?
I have two:
1) Paying off my student loan. I had $28,000 of debt. It took me four years to accumulate it, but only two years to pay it off. Pretty proud I paid off my student loan in two, and not the twenty years, Sallie Mae allowed.
2) Doing well for ourselves. Girl Ninja and I are fortunate to have a six-figure income at 25 and 27 years old, respectively. We are a few months away from having $100,000 in our savings account. We contribute over 15% to retirement each month. We live simply (rent is 16% of take home pay) and have paid for cars. Even though our income is generous, we try and keep perspective knowing it can be taken away at any moment if the big man upstairs so chooses.

What’s your favorite ice cream flavor?
Vanilla. Yes, I am that lame.

What’s your blog?
Punch Debt In The Face. I also created MANteresting.com, a pinterest type site for men. It’s only six months old, but already waaaaaay more popular than PDITF.

Thanks again for sharing! Hope everyone has a great weekend.

This is the 26th post of a 31-day series on Financial Freedom. Click here to see all of the posts.

  • TustinTim

    Wow, nice problems to have!

  • Ha, I know right!