Tag Archives: student loan

Welcome to my first ever podcast!


Oh my gosh it works!  I  got the itch to pull the trigger on my first ‘podcast’, so I just went ahead and did it.  Go ahead, click above and listen for yourself.

This episode is 1 of 6 I’m committed to doing over the next six weeks. Among other things, I’m going to chronicle my radical assault on my student loan debt. In this first episode, I discuss:

  • Who I am
  • Why  I recently threw my life into high gear
  • Week three of my crazy mission
  • What’s next

More than anything, I would love to get some feedback from you! Yes, the recording is raw, but it gets the job done. Please let me know what you think, by commenting below! By the way– welcome to my life!

Ps. If the file doesn’t load straight away, give it a minute or two to buffer. 🙂

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You vs. Your Student Loan


$829,785,000,000. That’s eight-hundred BILLION dollars.

This is the combined student loan debt in the US, as of June 2010, according to Mint.com. Scary, no? If you’re like me, you’ve done your share to line the pockets of Sallie Mae and her lender pals.

Personally, I’m looking forward to having Sallie out of my life sooner rather than later. Short of hatching a plan for full-scale financial assault on your student loan debt, here are a few tips that will help you fight the good fight faster:

1. Making minimum payments guarantees that your loan will be around for a long, long time. You can only shorten its lifespan by paying extra.

2. When you do pay extra, you must also request that your lender specifically applies the extra amount onto your principal balance, not interest. This will ensure your overall balance drops faster.

3. Like mine, if your loan is made up of multiple smaller loans, attack them strategically. Request that your extra payment is applied to the smallest loan first, and working up towards the next biggest as one is paid off. It’s focusing your money on one thing at a time, which works faster.

You’ll have to contact them, but just send an email to their customer service area and tell them exactly what you want done with your extra payments.

Really, it is all about faster. The sooner the debt is gone, the sooner you have that more freedom. What will you do with your freedom when you do get it?

Leaky wallet club


These e-cards are hilarious!