$35k in Student Loan Debt Paid Off in 30 Months | My Debt Free Journey

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  • Published on:  Tuesday, February 12, 2019
  • I never knew how much student loan debt sucked until I had moved back in with my parents and opened up my first student loan repayment notification. This is the story of how I paid off $35,000 in 30 months making just $37,000 in income. I hope this inspires you in your own #debtfreejourney

    If debt is something you want to squash for good, check out my online program, the Freedom Project, that teaches you how to slash debt and stay in control with your money to live a debt free life.

    (this is the same budget spreadsheet that I've used since 2012!) http://bit.ly/2JJB9iC


    Becoming Debt Free: My Fortunate Car Accident: https://www.faceclips.net/video/lYIbJ_04QhI/video.html
    10 Tips To Becoming Financially Fearless: https://www.faceclips.net/video/BOFhrIUM4LI/video.html

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    🔸 Twitter: https://www.twitter.com/debtfreejustine
    🔸 Site: https://www.debtfreemillennials.com
  • Source: https://youtu.be/3W0VtWGohno


  • Debt Free Millennials

    Debt Free Millennials

     2 months ago +60

    Hey guys, I want to clear up the timeline of my living arrangements during my debt free journey. I lived at home with my parents from May 2011-Dec 2011. I started paying off my student loans in Nov 2011. I moved out of my parents house in Jan 2012 and moved in with a roommate for the rest of my debt free journey. My rent at that time was $700 per month and my share was $350 per month. So, to confirm: I lived on my own for 90% of my debt free journey. It just so happened that I started my debt free journey when I lived at home with my parents? Kapeesh? Kapeesh!

  • Tanner Cayton

    Tanner Cayton

     3 days ago

    So what about people that can’t live with their parents or not have a rent payment? That makes this much more difficult.

  • Vworks


     3 days ago

    I am 30 years old with about $30k remaining in student loan debt. Over the years I've been building an emergency fund and it's about $15k at the moment.
    Would you advise me to use my emergency fund to pay towards my student loans?

  • lauren day

    lauren day

     5 days ago

    I’m lost.... you didn’t really explain how you did it. How u broke down your expense (besides placing on a spreadsheet). You did give a few examples on what to give up, such as going out with friends or going out to eat. But what were some of the big frugal choices u had to choice on. Most people have rent, bills, cell, food, car, student debt. And can’t live at home. How do your prioritize?
    Thank you

  • ChrissyMarie45


     6 days ago +1

    I have student loan debt as well. I hope I can be in your position someday.

  • Raskolnikov


     7 days ago

    Living with a roommate is not living on your own.

  • Caroline Stacey

    Caroline Stacey

     7 days ago

    I have no credit card debt. But I do have student loans. I cut down everywhere I can but living single with no one to help support me is so hard. Going to work and going home and eating at home everyday at 25 can get really depressing.

  • John Dyer

    John Dyer

     7 days ago

    Why is it that nobody ever saves up the money to pay cash for school instead of going into all the debt? Seriously. If you don't have the cash then don't go to school. There are jobs that don't require a college degree.

  • Vanessa's Voice

    Vanessa's Voice

     7 days ago

    I have a question. I’m struggling in credit card debt because I don’t make enough, but because I’m in a full semester at school, I can only work so much. This is my last semester and I’m applying for an internship for after graduation. It’d be full time, paid, in Florida with housing provided. Most people who complete it end up staying with the company. If I get the internship, do you think it’d be financially smarter to stay there while I pay off my debt? I live in the greater Boston area and there’s no way I could afford to move out while paying debt, plus I decided to take some time off before getting my master’s because I can’t afford to continue school until I tackle more of the debt since being in school hinders how much I can work/save.

  • Sara Lamb

    Sara Lamb

     7 days ago +1

    Hey! I’m really inspired by your story and using it as fuel to pay down my own student debt! Like you- I think Dave Ramsey makes some good points and works really well for some people- but I have a question.

    Do you ever take into account interest rates when making financial decisions? Or is the goal always to be 100% debt free? For example- I’d think instead of paying for a car in cash, if you can get a low interest rate it would make more sense to invest that money and make minimum payments on your car. Obviously personal finance is super personal but interested to hear your take! Thanks!

  • 2005er


     7 days ago

    Definitely ready have a few questions if anyone could answer, would anyone recommend to consolidate?? Bec I have like 9 loans 🤭 & ive been paying for a few years only the minimum and honestly my ending balance keeps increasing it’s like I’m not getting anywhere so any more advice would be great!!!

  • Queeneerich Km

    Queeneerich Km

     7 days ago

    I really want to finish my MA but should I take a student loan?

  • Emon3y23


     7 days ago

    This is not easy for someone who needs to help their family pay bills and such

  • Emily


     7 days ago +1

    Thank you for sharing your story. This is such an important thing to talk a out, especially for those riddled with student loans. I am currently on baby step 2 of the Dave Ramsey process and we are so close to paying off all our debt, I can taste it. Just $4,500 to go out of $38,000. We will be done 2 years ahead of schedule.

  • Natalia


     7 days ago +1

    Working hard not to accumulate debt. Two and a half years into college and I’ve taken out about 18k in loans, and currently owe nothing. Pay them off after every semester, or as much as you can, don’t even let it pile up.

  • kevinszhere1


     7 days ago

    It’s not about saving money, it about making money. I am at the point now where I can save 5k a month now. My housing is free, car paid off and I
    Save 5k a month by investing in group houses. 😊

  • beastydude123


     7 days ago

    1. Drive a shit car and pay the absolute minimum for car insurance
    2. Pay off said shit car. Secured Debt > Unsecured Debt
    3. Work as much OT as possible and take an interest in your job to learn/master all of the functions.
    4. Live with parents/family/friends if possible to make your expenses less.
    5. If you plan to pay these loans over a longer period of time then get them refinanced at a lower rate.
    6.Quit trying to date/wasting time on Tinder/POF and Quit going out on the weekends.
    7. Keep applying for jobs until you start making more money especially if you live in a higher cost city/area of the country. It's cheap here in the Midwest.
    8. Don't buy shit that you don't need. If your job has 401k benefits, please take advantage of it.
    9.Take care of your health. It's going to cost you big time in America if you don't.
    10. Invest a little money every month in the stock market so you can start to save up and build passive income.
    11. Pay your student loans twice a month so there is less accrued daily compounding interest.

    If you're bills are too high, find a way to cut cost. If your income is not enough, find an employer with a paid training program for new hires. If you have to train, take a test or get a license to work at a job, then chances are it pays a lot more. You only need to work retail/restaurant jobs to start out making money. Those kind of jobs don't pay well unless you are a bartender/waiter in a bigger city. Go to the library and research/learn skills while you are not working.

    Things I learned on how to be cheap and save money: Get cheaper car insurance. Don't buy new clothes every year. Take your car to the auto store for a free diagnostic test because chances are there is a YouTube video showing you how to fix your problem if it's not too serious. Get a cheap phone plan and an older model phone. Buy Groceries at Aldi or Wal-Mart if you have no discount food store. You can usually cut grass in the summer and make a few extra bucks if you get a lawn mower/weed eater.

    I paid off $12k last year and am on course to pay off $20k this year. I started with $54k debt and I'm finally making a dent.

    Good luck to everyone!

  • DeeDee Redeemed

    DeeDee Redeemed

     7 days ago +1

    I knew your story sound familiar. You are so awesome. You were at the Save Ramsey show doing your Debt free scream. Thank you for sharing your story and your tips.

  • Whackowitch


     7 days ago

    Dude I can't imagine being debt free.
    I feel scammed by the fact that I even when to college.

    I was pressured into marriage at 17 and I became a mom at age 21, and I soon became a single mom within that same year because my husband (who was 7 years older than me) was being a gigantic baby.

    I took loans to do college online, because I coulsn't afford childcare to go to classes in person, and I got a degree in healthcare management... which opened up jobs with equivalent pay to Walmart... again, not enough income to even pay for child care...

    The best things that have happened to me in terms of my career are teaching fitness & martial arts class + doing astrology readings... but those are both really challenging to make high income with.

    So for the past 6 years I have been so focused on survival and now that I have student loan debt I am really just screwed.

    I honestly want them to just let it go... online college was a scam, at least in my situation, where I had no other option and was deceived about the income it would lead to.

  • LayAndre Davis

    LayAndre Davis

     14 days ago

    Thanks for your support and also keep up the good work.