My family is going to think I'm crazy. I used to think this was crazy. But I'm doing it. I need a money makeover. I'm going to start up at least one side hustle and start tackling my student loans. Here I go!
#finances #financebooks #personalfinance #financialpeace #daveramsey #totalmoneymakeover
AnnieReads Good for you!! 8y
josie281 I use parts of this. Good luck! 8y
I-read-and-eat Sounds like a good plan! (I just googled this book as I am not familiar with it, turns out I am right on track according to this theory) Just one question, is it common to have dept in the US? As having no dept seems to be his main point. Most people I know are raised with this no dept idea, buy what you can afford (except for a house ofc) Just curious to see how other countries deal with this. 8y
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annahenke @I-read-and-eat Yes, debt is common and considered normal in US generally. I have student loans and medical bill debt on a credit card, so it's not like I've gone nuts. But it's time I got serious about it. Car debt is another biggie in US. 8y
LectricSheep @I-read-and-eat Debt is such a huge problem in the US, often, as @annahenke pointed out, to student loans and medical bills. My partner is going into medicine, and many of his classmates are graduating from medical school $200,000 in debt from med school alone, not including what they might have had to take out for undergrad. Unless you have help, it's very hard to graduate school without significant debt. (edited) 8y
MrsV Getting out of debt is not always easy. I as an 18 year old fell for the credit card trap, add that to the student loans, many people come out of college already behind. One of the best feeling came with that last student loan payment being sent. 8y
LadyBrik Good luck! We paid off $80k in student loans and then our mortgage in 8 years using Dave's debt snowball. It's an amazing program! 8y
Clare-Dragonfly Good for you! 🙌🏻 If you get interested in the whole idea of frugality/saving more, I highly recommend the Frugalwoods blog. 8y
Hoopiefoot Good luck! It can be tough to get started but is worth it. "Live like no one else so you can live like no one else!" 8y
annahenke Awesome @MrsV and @hoopiefoot and @LadyBrik - and that's exactly why I'm doing this! 8y
annahenke @Clare-Dragonfly thanks for the rec! I'll have to check that out. I'm seeking out wisdom all over the place right now. 8y
I-read-and-eat @LectricSheep @annahenke That's so sad. To have to start your adult life with such huge dept. My student loan is about 5k which I can easily pay off after my graduation. I am glad the Netherlands does not really have a creditcard culture. We only use it for hotel bookings and such. 8y
TheBookDream How is this going for you? 8y