It’s been almost two months since my last posting and I’m sure many of you are wondering where I’ve been.
Well, I’ve been killing my student loan debt. Just this past week I paid off one of my loans and have two more to go. If you look in the right-hand column of my blog, you will see my countdown. The $700 is what I calculated the average monthly payment to be. However, in the last two months alone, I’ve been putting my payments into overdrive.
I’ve been sacrificing by cutting back my lifestyle, selling things, and budgeting to become debt free sooner. Guess what? It’s working! I can see the light at the end of the tunnel. In the past three months alone I was able to allocate almost $4,000 towards my loans! The feeling is incredible. Before I got fired up, I was on course to pay them all off in 4.5 years. I never thought I would pay my student loans off in a year or less. Now I’m on target for Summer/Fall of 2011!
The key is staying motivated, having a plan, and staying focused on one goal; not a few. I think that was my main problem. Now with the one goal in the crosshairs, I can take it on!