I took a financial peace university class when I was a senior in college, and decided when I graduated I would focus all of my financial energy to pay off my student loans. So that’s what I did. I moved to DC, got my first big girl job, and slowly month by month paid off my debt (see the full spreadsheet). It wasn’t easy and there were a lot of times I had to say no to fun events, trips, gourmet food or shopping, but after two years I had paid off $13,800. It felt really good.
Looking back, this decision was a turning point for me. It literally forced me to get creative with my entry-level paycheck and make habits on paying off debt or saving before spending it, and I have reaped the benefits of making those wise habits and getting rid of that debt.