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User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Hi, I like the PF subreddit, and its message of reducing debt, and putting money into retirement funds.\n\nBut this post smells of bullshit to me, as the only way to pay off 48k of Debt in one year, is to have an income of 100k per year.\n(As likely 25k would go towards Rent,Food,Petrol, and another 25k would go towards Taxation ).\n\nOp says he works his first job, then goes work for Uber from 6pm-10pm, 5 days a week to earn up to $800 per week. That is $160 per work day, at $1.24 per Mile, in a 4 hour stretch, average of 32 Miles in a hour.\n\n\nShit son, if you were able to earn $40 per hour, you would have left your first job already, and be working for uber 12 hours a day.\n\nI am sorry but reality of working for Uber is that most trips are $10/8 Mile Range, and that with plenty of other Drivers competing, wait times in between trips can be 30 minutes easily.\n\n\nFurthermore he does not talk about the costs of replacing his Tires each year, learning how to clean up vomit after drunk customers soil his car, nor even the financing cost of his vehicle.\n\nThis post leads me to believe that he is just advertising for Uber, leading people to beleive they too can earn 100 grand per year if they sign up to his referral scheeme." User (RagnarNoDebt): "I did it. Here is a recent Uber pay stub. Also made extra $200 that week doing Rover on top of my day job. [caption](http://imgur.com/OnvxfID.jpg)"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" IThinkIThinkThings (IThinkIThinkThings): "I have around 60k. It's multiple loans, some as low as 2.5%, some above 6%. All are relatively low, but I pay 2x as much on the higher ones. Hoping to see that drop to zero pretty quickly. " 2QB1 (2QB1): "You are doing it backwards, pay your bills off smallest to largest! ( debt snowball) When the little bill is paid, move to the next and so on! You will be amazed how fast you can be out of debt! " Aloysius7 (Aloysius7): "No, always pay extra on the highest interest debt, and once it's paid off, move that payment to another debt. Smaller debts with lower interest rates may still be paid off sooner, but never pay extra on them if there's a higher interest rate on another."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" IThinkIThinkThings (IThinkIThinkThings): "I have around 60k. It's multiple loans, some as low as 2.5%, some above 6%. All are relatively low, but I pay 2x as much on the higher ones. Hoping to see that drop to zero pretty quickly. " 2QB1 (2QB1): "You are doing it backwards, pay your bills off smallest to largest! ( debt snowball) When the little bill is paid, move to the next and so on! You will be amazed how fast you can be out of debt! " venounan (venounan): "Isn't this the wrong advice? I think traditionally you want to pay off the highest interest rate ones faster - the long term benefits of paying off a higher debt with larger interest rate will far outweigh knocking out a few smaller debts with lower interest rates." ihatebloopers (ihatebloopers): "Definitely better to pay off higher interest loans but some people get more satisfaction/motivation from knocking off loans. " 2QB1 (2QB1): "Read the Total Money Makeover by Dave Ramsey and you will understand better! it's an amazing read . " steaknsteak (steaknsteak): "It's not a lack of understanding. Paying off the smallest loans first is a psychology-based strategy, while paying off the high-interest loans first is the financially optimal strategy. Which one works best depends on the person, but for someone who doesn't need the motivation provided by crossing a loan off their list, paying off the high interest first is better." Aloysius7 (Aloysius7): "This is personal finance, not personal feelings"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Gives me butterflies; proud of you ❤" User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Congrats! Paid off my student loan 4 years after graduation. 6 months later, my company started a student loan repayment benefit. Lol, the irony was too much." User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Dude, a huge congratulations!! I'm 20k away from mine and I can just taste it. So inspiring to see the comments here - enjoy the good feeling!" User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" daOwenator (daOwenator): "Alright Dave Ramsey, settle down now.\n\nBut seriously, way to go. The benefits of getting debt paid off cannot be overstated (not a dare Reddit....oh wtf, go ahead someone, prove me wrong)" User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" fingernailclippings (fingernailclippings): "If you don't mind me asking, what lenders are you guys using for sub-3% interest rates?\n\nEdit: Thanks for all the replies, looks like I missed the boat for great rates. " Self: "i used T.H.E., but that was many many years ago"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" ZerexTheCool (ZerexTheCool): "What is the mortgage interest rate? Do you get a tax break on the mortgage interest paid? If so, be sure to calculate the real rate interest rate after deductions." Self: "good point. mine's around 4% but yes, i do get a tax break"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" IThinkIThinkThings (IThinkIThinkThings): "I have around 60k. It's multiple loans, some as low as 2.5%, some above 6%. All are relatively low, but I pay 2x as much on the higher ones. Hoping to see that drop to zero pretty quickly. " Feint-Smile (Feint-Smile): "Question. How does interest work? Is it 2.5% a year that adds up? " IThinkIThinkThings (IThinkIThinkThings): "New loan every semester, varied based on that year..."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" IThinkIThinkThings (IThinkIThinkThings): "I have around 60k. It's multiple loans, some as low as 2.5%, some above 6%. All are relatively low, but I pay 2x as much on the higher ones. Hoping to see that drop to zero pretty quickly. " 2QB1 (2QB1): "You are doing it backwards, pay your bills off smallest to largest! ( debt snowball) When the little bill is paid, move to the next and so on! You will be amazed how fast you can be out of debt! " IThinkIThinkThings (IThinkIThinkThings): "I'm going with the highest interest first. I see what you mean though. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Took me 10 years to pay off my 46k, well done!!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Congrats!! Well done. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "No offense but if you don't have the money to pay for taxes, you haven't paid off your loans. You've just swapped them for IRS liabilities. You have further complicated your financial situation by moving your debt to an obligation which isn't designed to be paid over time.\n\nRabid obsession with a single goal is not a good financial decision. \n\nI would strongly consider earning enough to pay the IRS and then stepping back. You can slow down, improve performance at your day job, use that to finish off some high profile projects, and parley that into a raise or better job somewhere else." Zargabraath (Zargabraath): "Man thanks for being a sensible voice on here on this topic. obsessive fixation with paying debt down to the exclusion of all else will inevitably screw you over some other way.\n\nand I'm saying this as someone who paid down 20k in my first year or so of working...if I had tried to pay 40k that year I would have screwed myself over"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Would it be better to slowly pay it off to build credit? Asking as someone who just graduated and is making enough money to do this but not sure if I should." woohoo (woohoo): "no"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I'm struggling to understand how you found the time.\n\nYour new job likely required 40 hours per week. Your security jobs could then require another 40 hours, plus two to three hours driving for Uber, and then you took care of 50 dogs. Not including travel and care for the dogs, that works out to roughly 101 working hours every seven days. If each dog only required 15 minutes of care - again, I'm not including travel time to each animal - that would require another 12.5 hours per week.\n\nThis means you would have been working up to 113.5 hours per week for the better part of a year since you only occasionally took a weekend off. That would leave a little more than seven hours a day to do everything like showering, eating, shopping for weekly necessities like food, or sleeping each day of the week. How is this possible?\n\nExpanded the math in the edit." mcrae44 (mcrae44): "consider that it could have been only 50 one time appointments. and the security job was only 10 to 40 hours. shit, 40 hours/week at his average security job pay wouldve paid off his loans alone."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" beachbbqlover (beachbbqlover): "Yup. I did 19k over the summer by working 75 hour weeks with double time in an exhausting trade.\n\nCan confirm, feels good man."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "No offense but if you don't have the money to pay for taxes, you haven't paid off your loans. You've just swapped them for IRS liabilities. You have further complicated your financial situation by moving your debt to an obligation which isn't designed to be paid over time.\n\nRabid obsession with a single goal is not a good financial decision. \n\nI would strongly consider earning enough to pay the IRS and then stepping back. You can slow down, improve performance at your day job, use that to finish off some high profile projects, and parley that into a raise or better job somewhere else." Death_Star_ (Death_Star_): "I'm pretty sure he has demonstrated the ability to pay off whatever tax liabilities he will owe in 4.5 months out of 48k, and he saves a few thousand on interest as well. \n\nIt's not like swapping 48k in tax obligations for debt repayment. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" thefightforgood (thefightforgood): "I'll be there in March and can't wait to have the feeling of debt freedom for the first time in my adult life. It's been 11 years of debt and now it's time to begin a new chapter."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Congrats man that's awesome! Can I have some of your extra drive and self control?"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" salgat (salgat): "I just put mine on automatic payments and ignore them. It helps to see your IRA and 401k go up so high and knowing they are earning you 2-3x what paying off your loans would save." killermoose25 (killermoose25): "Me too , of course with 250 k its actually cheaper for me to do ibr and let it ride for 30 years , I just budget for 2 checks a month instead of 3 and paid off my car and all my small loans , of course we just bought a house but its the same as our rent for the mortgage so it just made sense " joethetipper (joethetipper): ">of course with 250 k its actually cheaper for me to do ibr and let it ride for 30 years\n\nCan you explain this a little more?" O_R (O_R): "Not OP but IBR is Income Based Repayment. It's a payback schedule where instead of paying out the same amount of money every month, you pay 15% of your check. This method assumes you will escalate your salary over time and makes it easier to make payments as a recent grad. The caveat is that with the interest, you will pay out more money over the payback period compared to the standard payment schedule. If you make these payments for 30 years though and there's still a balance at the end, I believe the remaining amount gets forgiven. So at $250k in debt and salary growth projections, he expects paying 15% of his salary for 30 years will cost less in total than paying the loan on the standard schedule. " joethetipper (joethetipper): "Yeah I know what IBR is and all that stuff. But the forgiven amount is still considered taxable income unless he does PSLF. Is his plan to make minimum payments for the next twenty years and save money to pay off the taxes on the forgiven amount?"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I'm struggling to understand how you found the time.\n\nYour new job likely required 40 hours per week. Your security jobs could then require another 40 hours, plus two to three hours driving for Uber, and then you took care of 50 dogs. Not including travel and care for the dogs, that works out to roughly 101 working hours every seven days. If each dog only required 15 minutes of care - again, I'm not including travel time to each animal - that would require another 12.5 hours per week.\n\nThis means you would have been working up to 113.5 hours per week for the better part of a year since you only occasionally took a weekend off. That would leave a little more than seven hours a day to do everything like showering, eating, shopping for weekly necessities like food, or sleeping each day of the week. How is this possible?\n\nExpanded the math in the edit." Kiaser21 (Kiaser21): "I did 100-120 hours a week for years, some years with no vacation. It's exhausting but not impossible." S_D_W (S_D_W): "What kind of work?" Kiaser21 (Kiaser21): "IT, at 22 we had started an IT business officially (did it unofficially since I was 12 years old). We did corporate support, as well as had a retail storefront and resiential service, and even had a LAN gaming center that often did late nights or overnighters. 16-20 hour days were my thing." S_D_W (S_D_W): "What motivates you to do that? My friends think I'm crazy when I work an 80hr week(though, I'm still in school), but that's not but once a month. I usually stick to 40. " HotaGrande (HotaGrande): "Some people find solace in work. It's a form of escapism. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "In a complete tangent, what's the security gig? I'm also in Boston, also paying off student loans and $20—30 sounds amazing right now. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" IThinkIThinkThings (IThinkIThinkThings): "I have around 60k. It's multiple loans, some as low as 2.5%, some above 6%. All are relatively low, but I pay 2x as much on the higher ones. Hoping to see that drop to zero pretty quickly. " 2QB1 (2QB1): "You are doing it backwards, pay your bills off smallest to largest! ( debt snowball) When the little bill is paid, move to the next and so on! You will be amazed how fast you can be out of debt! " venounan (venounan): "Isn't this the wrong advice? I think traditionally you want to pay off the highest interest rate ones faster - the long term benefits of paying off a higher debt with larger interest rate will far outweigh knocking out a few smaller debts with lower interest rates." ihatebloopers (ihatebloopers): "Definitely better to pay off higher interest loans but some people get more satisfaction/motivation from knocking off loans. " 2QB1 (2QB1): "Read the Total Money Makeover by Dave Ramsey and you will understand better! it's an amazing read . " steaknsteak (steaknsteak): "It's not a lack of understanding. Paying off the smallest loans first is a psychology-based strategy, while paying off the high-interest loans first is the financially optimal strategy. Which one works best depends on the person, but for someone who doesn't need the motivation provided by crossing a loan off their list, paying off the high interest first is better." Phillip_the_Fish (Phillip_the_Fish): "I'm working on my lowest balance first, but more so I can stop being paycheck to paycheck and build my emergency fund back. After that, then it's time to focus on higher interest debt"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" fingernailclippings (fingernailclippings): "If you don't mind me asking, what lenders are you guys using for sub-3% interest rates?\n\nEdit: Thanks for all the replies, looks like I missed the boat for great rates. " Hammaspeikk0 (Hammaspeikk0): "You can't get them anymore basically. But they were pretty routine cerca 2005-06. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "That's awesome! I'm a bit jealous."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Was impressed with this until you said dollars lol"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" simferopol (simferopol): "Dude this is huge!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Great job! Tremendous accomplishment for sure!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Joke on you. The government is in the process of rolling out 108 billion dollars loan forgiveness program" IncestOnly (IncestOnly): "I hope I'm selected 13k debt isn't the worst, buy my min wage job, with more than 70% going into rent, and trying to save for a car isn't making it easy."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "And the us begins debt forgiveness next year. I'm sorry :("
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "To be honest that sounds awful. I get wanting to have a plan to get out of debt, but I'd rather not wreck myself trying to cram all 48k in one year. Compared to a three or five year time period, what did you come out of that with doing it all in one year? An extra couple hundred dollars?? " gaymondboofstad (gaymondboofstad): "and a wasted year" aesthetic-as-fuck (aesthetic-as-fuck): "I know what a wasted year looks like, and it ain't this "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Dude. You're an inspiration. I've got just shy of $15k left, and I'm gonna set a goal of $7500 in the next 6 months. I can do it!!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "All in all how much did you make this year?\n\nI'm thinking of going the same path as you, but I'm afraid of burning out. I might be able to get a higher paying job soon and be able to keep my part time job. I live at home so I can get my expenses down to an incredibly small amount if I dedicate myself to it, but it's going to be fucking hard.\n\nI'd essentially have to work 12 hour days M-F, and work 6 hours on sunday. I have about 100k in debt but I really just want to bang out my private loans. I can live with my government loans."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Step 1....have a good paying job."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" salgat (salgat): "I just put mine on automatic payments and ignore them. It helps to see your IRA and 401k go up so high and knowing they are earning you 2-3x what paying off your loans would save." killermoose25 (killermoose25): "Me too , of course with 250 k its actually cheaper for me to do ibr and let it ride for 30 years , I just budget for 2 checks a month instead of 3 and paid off my car and all my small loans , of course we just bought a house but its the same as our rent for the mortgage so it just made sense " joethetipper (joethetipper): ">of course with 250 k its actually cheaper for me to do ibr and let it ride for 30 years\n\nCan you explain this a little more?" mcrae44 (mcrae44): "income based repayment of loans means your minimum monthly payment is dictated by your income. if you go by their schedule for 30 years, at the end of 30 years whatever the balance is gets erased.\n\nit only works for federal loans i believe, and only makes sense if you aren't making a lot in salary over your career and/or have extremely high loans" teddypain (teddypain): "It's only 20 years, not 30."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done, but am I the only one that thinks this much effort to get out of debt in a year or so is ridiculous?\n\nAs a physically disabled person, this is why Im scared to college. Im not even sure I can physically manage a full time job. But even if I were physically fine, this is insane. The system is broken."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" thenewyorkgod (thenewyorkgod): "I can't wait! Had 36k in CC debt in 2012. Down to $8k. Cannot wait until I make that last payment!" AverageInternetUser (AverageInternetUser): "If you don't mind me asking, how do you get that much CC debt?" thenewyorkgod (thenewyorkgod): "Irresponsible college student. \n\nLost job\n\nGot cancer. \n" gategirl (gategirl): "My story, too. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Very cool man! Can't wait to be debt free myself. Attacking ours this year!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "And there's me happy over £4k in 6 months. Well done buddy, being debt free is fucking A. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Holy fuck congrats OP!! That must be a huge weight off your shoulders! Cheers! 🍻"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Why are you randomly capitalizing debt and first year? \n\nEnglish doesn't work that way. Don't do that."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Wow! Great job! I need to push myself to do more and make the extra money like you in 2017!!!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "slow clap Well done. Well fucking done. That is actually amazing man! Great job!" User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Good for you man. Doing it all in one year is a real accomplishment!\n\nI went from $85k to $29k in three years. My goal is to finish it off with knocking $15k in 2017 and the remainder in 2018. Wish my car was uber-permissable (it's an '05 civic, and I'm under the impression you gotta have a 10 year or less car)" User (RagnarNoDebt): "It goes by city..here is Boston requirements[caption](http://imgur.com/3bOCAsA.jpg)"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Hi, I like the PF subreddit, and its message of reducing debt, and putting money into retirement funds.\n\nBut this post smells of bullshit to me, as the only way to pay off 48k of Debt in one year, is to have an income of 100k per year.\n(As likely 25k would go towards Rent,Food,Petrol, and another 25k would go towards Taxation ).\n\nOp says he works his first job, then goes work for Uber from 6pm-10pm, 5 days a week to earn up to $800 per week. That is $160 per work day, at $1.24 per Mile, in a 4 hour stretch, average of 32 Miles in a hour.\n\n\nShit son, if you were able to earn $40 per hour, you would have left your first job already, and be working for uber 12 hours a day.\n\nI am sorry but reality of working for Uber is that most trips are $10/8 Mile Range, and that with plenty of other Drivers competing, wait times in between trips can be 30 minutes easily.\n\n\nFurthermore he does not talk about the costs of replacing his Tires each year, learning how to clean up vomit after drunk customers soil his car, nor even the financing cost of his vehicle.\n\nThis post leads me to believe that he is just advertising for Uber, leading people to beleive they too can earn 100 grand per year if they sign up to his referral scheeme." User (RagnarNoDebt): "Also, never had someone throw up. Although you do get $200 for it so throw up away. I am honestly very glad to not have to uber much anymore. Did it as a means to an end. Own my car, 2005 Hyundai Elantra, paid $3,600 for it and have only had to replace two tires and regular oil changes and got new break pads." DigitalMocking (DigitalMocking): "You can't drive uber in an 11 year old car, this post is complete bullshit" OnlyMath (OnlyMath): "You're wrong see ops proof below "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" thenewyorkgod (thenewyorkgod): "I can't wait! Had 36k in CC debt in 2012. Down to $8k. Cannot wait until I make that last payment!" 92til--- (92til---): "Damn. I'm at 6k and I'm freaking out a little. I didn't have a job for almost 5 months. First regular paycheck comes next week. " persondude27 (persondude27): "Amen. Get an emergency fund and then start worrying about everything else. Follow the wiki.\n\nYou're here on /r/personalfinance/, so you're miles ahead of the average American. Keep it up.\n\n22% interest (avg CC) is about $110 per month on $6,000. That's a lot in that in compounds, but it's not an insane, unmanageable number. That's not eating out 2-3 times per month. You got this."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Congrats! That's a huge accomplishment! \n\n\n\nI'm curious about your experience with rover.com. Where the dogs well-behaved or nightmares? Is it a bad idea for someone who hasn't had a dog before to get involved in rover?" User (RagnarNoDebt): "Out of the 40 or so dogs I took care of, only 3 were nightmares. Only got bit once. You set your own rate and I would do pre meets usually to make sure the dogs were not nuts. You can jack your holiday prices up and if your around on Thanksgiving or Xmas fun way to make $$"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Profoundly impressed. I'm 62 and didn't think people your age had a work ethic like that. Truly amazing." User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Haha, I remember when my balance aligned with my emergency fund. So tempting to drain it. I, like you, caved at that point, haha.\n\nSolid work mate!" User (RagnarNoDebt): "Yes it was! Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Great job OP! It goes to show with a little bit of elbow grease and determination, student loans aren't as daunting as some make them. Yes I know some people's situations don't allow for this level of dedication, but I find more often than not people would rather piss and moan about how much student loan debt they have rather than work hard and take care of it." User (RagnarNoDebt): "Thank you! I pissed and moaned and then two quotes, one I saw in this subreddit and one I heard st a work conference really inspired me. "The only real way to get out of debt is to make big hairy payments to your principal" "More capital can solve a lot of problems""
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I also do drive for Uber and Lyft and make on average 300-500 per week on top of my full-time job. I bought a hybrid as well and took a 5 year loan out. I can't stand the fact of all that interest payment going into their pockets. So I pledged to myself to payoff my car within a year that at the time I bought for $16,700 (fully loaded with 14.5k miles!). I have since paid half on the vehicle and plan on having it paid completely off by next year. Can't wait :-)\n\nGood job btw!" User (RagnarNoDebt): "You got it, great job...see all the haters above that think you can't make $500 a week driving" Self: "Yup, I gots it :-) I actually average usually usually closer to 400-500 per week part-time. For those who do this full-time, I would imagine they can do easily 600-800 a week, prolly more. I put that $300 in there because that was my starting avg. weekly take home, but then I figured it out :-)"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Congrats. But with all due respect, why is it that you got 48k in student debt but needed a "digital marketing course" (not to speak of the other stuff you had to do) to earn some money? I have a student debt in the same order of magnitude but can easily pay it off with the job I now have thanks to my uni degree." User (RagnarNoDebt): "I didnt need the course in digital marketing, but I wanted the skills to make the job switch from where I was working. I could of just learned them on the internet, but I thought putting skin in the game would keep me motivated to follow through and gain the skills like Google Analytics and AdWords I was seeing on every marketing job posting."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "That's awesome. I was worried this would be a "first, I got a job paying $150,000, then I landed a raise within three months, AMA!"post, but you are a mf hustler. " User (RagnarNoDebt): "Thank you!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "That's really amazing. You worked hard and it paid off. Congratulations! Now you won't know what to do with yourself and all your free time :)" User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Very cool. Very motivating. TY." User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "While a hearty congratulations is in order (this is truly a magnificent feat), what you did is nothing short of super-human. In fact, I think it is probably unhealthy to work as much as you did with little to no rewards for an entire year, so I definitely do not recommend it for others. I'm going to end up with $25k-$30k in student loans and will take two (three if necessary) years to pay them off (since I'll be freshly graduated and not in a managerial role yet)." User (RagnarNoDebt): "You can do it! Congrats on graduating and landing the job."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Another disorganized story where we can barely tell what's going on. It doesn't even include the base salary from the day job, for friggin sake.\n\nThis sub is so weird about what it likes and doesn't like. " Pope_Industries (Pope_Industries): "Not to mention he was making 20+/hr doing side jobs that arent easy to get lol. And having those jobs for up to 40 hours a week? Most people make a lot less than that. I want to see one of these stories where its like, i work a normal job, but through strict budgeting, and being financially smart i was able to be debt free." Olue (Olue): "Even if he did make decent money, this requires incredible persistence and sacrifice. He hustled to increase his primary income source, built several side income streams, and generally busted his ass to do this. I probably wouldn't post my income either, since people always come in here and say, "well you make $X, how hard could it be?" We should give this guy some credit." ThomasShelby (ThomasShelby): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "/r/personalfinancebragging" RedditBlowhard (RedditBlowhard): "/r/jealousofotherpeoplesaccomplishments\n" Self: "not gonna tell you you're wrong"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" yesticle (yesticle): "It's strange to me that your mortgage would be a higher rate than a regular loan. I thought a mortgage would be considered less risky as they can sell your house if you don't pay. " Olue (Olue): "It's called taxpayer subsidized risk tolerance. No sane person/institution would do an unsecured loan for 3% with their own money." ILieConstantly (ILieConstantly): "In what sense is a student loan "unsecured"? It's nearly impossible to discharge it through bankruptcy, they require no judgement in order to garnish your wages or your tax return. Assuming you make any money at all that isn't paid under the table in cash or that you don't simply leave the country they will collect. Given the system as it is, 3% or even less is entierly reasonable given that this is a nearly risk free loan. \n\n\nSure, there isn't a physical asset that can be seized, but there need not be. You will pay. You will pay or you will leave the country or die trying. " snakeoilHero (snakeoilHero): "Unsecured in the sense that if you die at 22 a new graduate, their investment in your life earnings is gone. Secured is a nice way of saying pay me, I win. Don't pay me, I take your house and win.\n\nStudent loans are a special unsecured loan that should not be remotely considered the same. Your point is valid against the wild generalization Olue put forward."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "At first I was angry thinking you just had a crazy high paid job, but after your post I decided that you are awesome and you deserve it all based on your hard work. Congrats dude!" User (RagnarNoDebt): "Thank you!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Great job brother, Inspirational! " User (RagnarNoDebt): "Thank you!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "No offense but if you don't have the money to pay for taxes, you haven't paid off your loans. You've just swapped them for IRS liabilities. You have further complicated your financial situation by moving your debt to an obligation which isn't designed to be paid over time.\n\nRabid obsession with a single goal is not a good financial decision. \n\nI would strongly consider earning enough to pay the IRS and then stepping back. You can slow down, improve performance at your day job, use that to finish off some high profile projects, and parley that into a raise or better job somewhere else." howtoaddict (howtoaddict): "To me this does look like advertisement for General Assembly... it's new account and story seems quite unlikely once you look into details.\n\nEdit: Thanks for upvotes, yo. I do want to believe story is real... hope that General Assembly is not evil to be misguiding people like this ;(. Will see if OP responds." PotatoSalad (PotatoSalad): "It almost certainly is. Common practice is to put the company name as the first one (General Assembly), then throw in other companies after it. Even the OP's comment below is standard practice when you get called out on it (Believe what you want, here's a few minor quips about it, followed by selling points). Anyhow, looks like it got removed." User (RagnarNoDebt): "Sorry didn't know listing where I took the course would cause such a stir. Deleted it. If you can think of a way I can prove I'm not fr GA I would gladly supply it. Also, was a 10 week course and I had 5 years of experience on top. Here is a screenshot from usual reddit account two months ago[caption](http://imgur.com/FiDG0xp.jpg)" PotatoSalad (PotatoSalad): "If this really isn't a guerilla marketing attempt, you might try posting it again, but leaving the names where you took the courses out (and other company names such as wealth front and some others) so it seems like less of an advertisement." Zargabraath (Zargabraath): "he may be a shill but I imagine of the unpaid variety . I think the unpaid type are a lot more common than those that actually get paid" Gyshall669 (Gyshall669): "Isn't that by definition not a shill?"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "And to think i'm over here stressing over my 22k debt. This is so inspiring. Good job!" User (RagnarNoDebt): "Thank you!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I'm struggling to understand how you found the time.\n\nYour new job likely required 40 hours per week. Your security jobs could then require another 40 hours, plus two to three hours driving for Uber, and then you took care of 50 dogs. Not including travel and care for the dogs, that works out to roughly 101 working hours every seven days. If each dog only required 15 minutes of care - again, I'm not including travel time to each animal - that would require another 12.5 hours per week.\n\nThis means you would have been working up to 113.5 hours per week for the better part of a year since you only occasionally took a weekend off. That would leave a little more than seven hours a day to do everything like showering, eating, shopping for weekly necessities like food, or sleeping each day of the week. How is this possible?\n\nExpanded the math in the edit." Kiaser21 (Kiaser21): "I did 100-120 hours a week for years, some years with no vacation. It's exhausting but not impossible." S_D_W (S_D_W): "What kind of work?" Kiaser21 (Kiaser21): "IT, at 22 we had started an IT business officially (did it unofficially since I was 12 years old). We did corporate support, as well as had a retail storefront and resiential service, and even had a LAN gaming center that often did late nights or overnighters. 16-20 hour days were my thing." S_D_W (S_D_W): "What motivates you to do that? My friends think I'm crazy when I work an 80hr week(though, I'm still in school), but that's not but once a month. I usually stick to 40. " Kiaser21 (Kiaser21): "I enjoy work, actually. Only recent history has culture taught people to dislike production and work, and think of taking care of your life as always a burden. I was building my business at the time, but honestly even if I was just a worker at a random labor job I'd still take the pride.\n\n\nI also enjoy just reaching goals and really making a task out of it. I have intense singular focus, so when I set for a goal I devote almost all energy to it. Turns out that's exactly how you win in financial life, by taking things as steps with Internet focus per step.\n\n\nBeing only 22 I had a ton of energy, too. Staying up to 3-4am day after day wasn't an issue. I'm in my 30s now and if I drink one beer and go.past my 10pm bedtime I'm a zombie the next day, lol!\n\n\nI certainly don't work life that anymore but I do really consider all activity as a collective effort towards a goal. There's no such thing as weeknights, weekdays, weekends, work hours, etc. There's just my life. I have a list of tasks to do and goals to accomplish, short and long term, I set out every day to make the most of ever waking minute to either complete something, recharge or relax so that I can focus better later, etc. When you look at life as production AND happiness, instead of work OR play (a false dichotomy), things change." fortylightbulbs (fortylightbulbs): "Can a stressing student ask for advice?\n\nI probably have the 'dislike production and work' attitude that develops at an equal pace with my interest in other hobbies. The reasoning is that devoting my energy to work (using the random labour job as an example) I'd end up being just a one-dimensional person with nothing outside of my job, and end up being someone who works a low paying retail job instead of retiring because I don't know anything else.\n\nWhat kind of sacrifices do you feel like you've made to get where you are? Did you focus initially on working your life around your job or did you find work doing something that fit in with your life? \n" AGoodWordForOldGil (AGoodWordForOldGil): "I'm not OP but someone that has a wide range of interests. It's all about balance and doing something with your work life that you feel is not wasting your time. It's not office job vs dream job. It's blurrier than that. You have to figure out your goals first, write them down, pick them apart then find a way to make them happen. Just don't work a job that feels like a waste of time or that is not getting to your goals. Working a job is fine and more people on here do it than they admit. Entrepreneurs do it more than they admit. Musicians, writers and artists do more it than they admit. If it gets them closer to their goals then its all a part of the plan, not a deviation or waste of time. Good luck!" fortylightbulbs (fortylightbulbs): "Thanks, appreciate that. Hope I didn't sound too whiney it's just that things get hard. Even just making realistic goals. When I went back to school it was to get a job that I was interested in, now that I've worked a few jobs that I have enjoyed within my field I find that the enjoyable job comes within unanticipated consequences like low pay, long hours, etc. \n\nMy next plan was to just aim for a job that maximized my off hour enjoyment, with minimal take home stress and such but that is exactly what OP has been cautioning against and he/she seems to have their shit together.\n\n"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I remember when I paid off my loans. I paid on them for 9 months and then dumped $9k on it to finish it off. 4 days later I got a call from the VW dealer I ordered my Jetta TDI from saying they had one come in that was optioned exactly like the one I ordered and it was mine if I wanted it. After a day of mulling it over I decided to take it. I ended up paying that loan off in just over 3 years."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" yesticle (yesticle): "It's strange to me that your mortgage would be a higher rate than a regular loan. I thought a mortgage would be considered less risky as they can sell your house if you don't pay. " ILieConstantly (ILieConstantly): "That's assuming your home is still worth as much or more after you've lived in it for some time. If you assume it will be, 2008 has a conversation to have with you, but yes, a home loan would still generally be less risky than an unsecured loan, all things being equal.\n\nBut all things aren't equal are they? A student loan is not anecessary unsecured loan. A student loan is nearly impossible to discharge in bankruptcy. Services require no judgement to begin garnishing wages, government benefits, and tax returns. \n\nBluntly, a student loan will be repaid. Or you will leave the country or die trying to repay it. A student loan is quite nearly a risk free loan, doubly so for the bank making it given that it's backed by the US government. 3% is an entierly appropriate rate." TheJaceticeLeague (TheJaceticeLeague): "If you bought you house in 2005-2008 you are right, but prices have recovered pretty well"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "To be honest that sounds awful. I get wanting to have a plan to get out of debt, but I'd rather not wreck myself trying to cram all 48k in one year. Compared to a three or five year time period, what did you come out of that with doing it all in one year? An extra couple hundred dollars?? " gaymondboofstad (gaymondboofstad): "and a wasted year" csgoleakz (csgoleakz): "What the crap are you gonna do with your year? Sit in your mediocre career and not advance while he's kicking butt in his career and getting debt free all at the same time?" woeeij (woeeij): "Travel. Get a significant other and invest time in the relationship. Have kids. Those are things I might do with my time instead, but I guess not everyone wants those things." robotzor (robotzor): "Your responses: "stop enjoying life dammit!""
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "What was your base salary? That is a ridiculously high amount of money after the cost of living. Also where are you living? "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Holy shit.. a year. I finally killed mine off last year and it was old enough to vote."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I'm struggling to understand how you found the time.\n\nYour new job likely required 40 hours per week. Your security jobs could then require another 40 hours, plus two to three hours driving for Uber, and then you took care of 50 dogs. Not including travel and care for the dogs, that works out to roughly 101 working hours every seven days. If each dog only required 15 minutes of care - again, I'm not including travel time to each animal - that would require another 12.5 hours per week.\n\nThis means you would have been working up to 113.5 hours per week for the better part of a year since you only occasionally took a weekend off. That would leave a little more than seven hours a day to do everything like showering, eating, shopping for weekly necessities like food, or sleeping each day of the week. How is this possible?\n\nExpanded the math in the edit." its-not-that-bad (its-not-that-bad): "Maybe he drove for uber to his next job. That would be genius, and terribly inconvenient for passengers. " tommystjohnny (tommystjohnny): ""Hey would you mind waiting in my car for 8 hours? I promise I'll drop you off right after I get out of work!""
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Hi, I like the PF subreddit, and its message of reducing debt, and putting money into retirement funds.\n\nBut this post smells of bullshit to me, as the only way to pay off 48k of Debt in one year, is to have an income of 100k per year.\n(As likely 25k would go towards Rent,Food,Petrol, and another 25k would go towards Taxation ).\n\nOp says he works his first job, then goes work for Uber from 6pm-10pm, 5 days a week to earn up to $800 per week. That is $160 per work day, at $1.24 per Mile, in a 4 hour stretch, average of 32 Miles in a hour.\n\n\nShit son, if you were able to earn $40 per hour, you would have left your first job already, and be working for uber 12 hours a day.\n\nI am sorry but reality of working for Uber is that most trips are $10/8 Mile Range, and that with plenty of other Drivers competing, wait times in between trips can be 30 minutes easily.\n\n\nFurthermore he does not talk about the costs of replacing his Tires each year, learning how to clean up vomit after drunk customers soil his car, nor even the financing cost of his vehicle.\n\nThis post leads me to believe that he is just advertising for Uber, leading people to beleive they too can earn 100 grand per year if they sign up to his referral scheeme." User (RagnarNoDebt): "Also, never had someone throw up. Although you do get $200 for it so throw up away. I am honestly very glad to not have to uber much anymore. Did it as a means to an end. Own my car, 2005 Hyundai Elantra, paid $3,600 for it and have only had to replace two tires and regular oil changes and got new break pads." DigitalMocking (DigitalMocking): "You can't drive uber in an 11 year old car, this post is complete bullshit" PM_ME_CUTE_PUPPERS (PM_ME_CUTE_PUPPERS): "It varies by city. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" Kiaser21 (Kiaser21): "That's a very limited financial concept to look at it only from an interest rate perspective. In fact n with full context, it's dumb NOT to pay it off. Financial peace and success are far more than a interest rate spread. Don't let fools who've convinced you that their spreadsheet proves financial.success is a matter of investing while in debt or even with debt." ILieConstantly (ILieConstantly): "So, if my portfolio makes 6% annually, and my student loan interest rate is 3% and I have $200 and my student loan payment is $100 you are telling me that I'm better off to put $200 on my student loan than $100 on the loan and $100 into my portfolio even though I will absolutely be better off financially at the end of the year having done the latter rather than the former?" Kiaser21 (Kiaser21): "Absolutely. Because you're looking at math only in a limited context and time frame in the controlled scenario where you've assumed nothing different will happen and that there's no benefits other than what you can list on a spreadsheet.\n\n\nBeing out of debt opens wonders in opportunity, proper assessment of risk, drive in all aspects of life especially financial, singular focus on goals, removal of obligations, etc.\n\n\nAnd what I'm telling you in your example is to put all the money you can find in paying off the debt as quickly as possible like it's an emergency.\n\n\nPersonal finance, it's PERSONAL for a reason. If you try to live life, especially the financial part, through the limited lense of what shows up on a math equation only, omitting the THOUSANDS of contexts that come with life, your going to stumble. Even financial students are taught to apply risk scales to investments, but the often fail to do so with debt."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Do you even really make money off Uber after you think of wear and tear on your car, gas, etc... I have debated doing it just to make extra money but I wonder if it actually pays off in the end."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "This is the kind of post about debt repayment I have nothing but mad respect for. You busted your ass over time for a year and did all kinds of shit to make it happen. Congrats man!" User (RagnarNoDebt): "Thank you!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Congratulation. I love your motivation. " User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "This is amazing!! Congratulations! "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" a19z (a19z): "I still remember when I was debt "free" I only had my mortgage, and had about 3K extra every month. Paid my 30 year mortgage in ~7 years. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Did you take the digital marketing course at a community college or elsewhere? I already have a Bachelors in Marketing and would like to add a course like that to my resume. " User (RagnarNoDebt): "I took it at General Assembly, but i've seen a lot at cc that might be good. Through the course tho I learned it's more important to just have the in demand skills so if you can teach yourself Google Analytics, Google AdWords, UX design and such..or a cheap or free way to do it, ho for it!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "i have 100k @ 3%. financially it'd be dumb of me to pay that off quickly given the low rate (as compared to my mortgage), but I kinda want it off my chest... ugh" salgat (salgat): "I just put mine on automatic payments and ignore them. It helps to see your IRA and 401k go up so high and knowing they are earning you 2-3x what paying off your loans would save." killermoose25 (killermoose25): "Me too , of course with 250 k its actually cheaper for me to do ibr and let it ride for 30 years , I just budget for 2 checks a month instead of 3 and paid off my car and all my small loans , of course we just bought a house but its the same as our rent for the mortgage so it just made sense " dick-pimple-lover (dick-pimple-lover): "Just to be safe, keep in mind that the forgiveness after IBR and similar plans is likely taxable income, unlike Public Service Loan Forgiveness. It may be a serious tax bomb. " TabbyCaterpillar (TabbyCaterpillar): "PSLF will not be considered taxable income?" dick-pimple-lover (dick-pimple-lover): "The IRS released an interpretation letter stating PSLF is not taxable income though I don't have the link on hand. Though no one has received PSLF yet so we haven't seen this in practice yet. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "And this story is exactly why we need tuition-free public universities. The fact that so many people have to go through all of this just to get an education is absolutely insane."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Tax accountant here, that sounds like a lot of contract labor. Hope you kept enough out to cover the Self-Employment and incomes taxes that came with that work. But Hella good job man!" User (RagnarNoDebt): "Thank you! Yeah, I work with a bunch of CPAs so I got some good advice along the way...I have much respect for your career."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "You will go a long way my friend, and you 100% deserve it." User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "That sir...is the exact definition of "Hussle."\nI looked up the word Hussle on Wikipedia and saw this post as a reference. \n\nYou didn't just learn how to get out of debt. You learned how to get rich, how to not be poor, how to put your boots on and do what it takes to get the job done. Even though you net worth may be low now, it's in the positive and mark my word...come back in 5-years and tell us what your net worth is then. It will be very very high. \n\nYou will win at life. " ScarletNumbers (ScarletNumbers): "I hope I'm not the only one who sees the irony is this post." mphil86 (mphil86): "You must not bee a trew hussler "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I'm struggling to understand how you found the time.\n\nYour new job likely required 40 hours per week. Your security jobs could then require another 40 hours, plus two to three hours driving for Uber, and then you took care of 50 dogs. Not including travel and care for the dogs, that works out to roughly 101 working hours every seven days. If each dog only required 15 minutes of care - again, I'm not including travel time to each animal - that would require another 12.5 hours per week.\n\nThis means you would have been working up to 113.5 hours per week for the better part of a year since you only occasionally took a weekend off. That would leave a little more than seven hours a day to do everything like showering, eating, shopping for weekly necessities like food, or sleeping each day of the week. How is this possible?\n\nExpanded the math in the edit." whadidup (whadidup): "Security job is almost certainly contract work, not 40/wk" Self: "OP specified working an additional 10 to 40 hours weekly." lemmeseeyolightsaber (lemmeseeyolightsaber): "They specified events. Cons and an Apple event. These are once a year events, not every single week. Could easily spend 10 hrs at a convention in one day.\n\nThey could have spread things out with rover and uber as well. May have began with rover and realized they would make more with uber. \n\nJust because several jobs took place does not mean they all took place at the same period of time."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Which digital marketing course worked for you? " User (RagnarNoDebt): "I took one at General Assembly, but there are probably good free ones also." coasttocoastlivin (coasttocoastlivin): "I've been looking at that same course actually. How were they in helping with job placement after? And did you find that it was viewed pretty positively by employers?" User (RagnarNoDebt): "I actually got my current job through networking at my old job, but the course gave me confidence that I could do the duties required....I responded earlier, but the course really taught me that having a strong skillet is more important then any courses, so if you can get a good stack of digital marketing skills for free, go for it." coasttocoastlivin (coasttocoastlivin): "Got it, and I do, so I may well do just that. Thanks for the input!"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Wouldn't it have made more sense to invest that money somewhere instead? It would presumably make more in interest than your student loans would accrue"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Hey, congratulations! I really hope you get to enjoy the rest of your life because you've earned it!" User (RagnarNoDebt): "Thank you...the joke with my girlfriend is I now have $ for a ring & a house...I just want to be debt free a least a couple months!!" Self: "Definitely save it up and spend it how you choose when you choose! Haha"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Good on you. I did about $26K in about 12 Months close to 10 years ago; 50% of every check. Mind you I was living at home at the time so rent wasn't an issue. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I was 21K in debt due to BSc in 2012 and cleared it in August. Soon to be 10K in debt due to current MSc but it's the best student loan package I could ever get. Worth the money for a much needed career change. Fiance only has BSc debt which also has a low percentage and great pay back scheme. Clearing debt one step at a time :)"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Out of curiosity how old are you currently? I've been trying to figure out ways to get out of my debt (about 37k) but I'm only 19. (Out of state loans SUCK but Arizona State was worth it even for only a year). I currently work but also am still in school so it's kinda tough with the limitations of still being in school/not having a degree."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I'm struggling to understand how you found the time.\n\nYour new job likely required 40 hours per week. Your security jobs could then require another 40 hours, plus two to three hours driving for Uber, and then you took care of 50 dogs. Not including travel and care for the dogs, that works out to roughly 101 working hours every seven days. If each dog only required 15 minutes of care - again, I'm not including travel time to each animal - that would require another 12.5 hours per week.\n\nThis means you would have been working up to 113.5 hours per week for the better part of a year since you only occasionally took a weekend off. That would leave a little more than seven hours a day to do everything like showering, eating, shopping for weekly necessities like food, or sleeping each day of the week. How is this possible?\n\nExpanded the math in the edit." rnzz (rnzz): "Finding the time is one thing. To me what's more challenging is finding the headspace and energy to do all that at an acceptable level and not burn out.."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Good job getting it paid off.\n\nOnly warning is be careful about buying things you want, not need right now. The Jordan 9's are a want, not a need. You mention needing to replenish your emergency fund and save up for taxes. Get that done, then buy a want.\n\nI get that you've reached a huge goal and want to reward yourself, but at this time, being debt free is the reward. Get those taxes and your emergency fund taken care of, then start another IRA, and start putting your money into there. Once you have your needs taken care of and you are set up building wealth, then start addressing wants like high price shoes." acetrainerjames (acetrainerjames): "They earned a small splurge, though, it won't make a huge difference."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Another disorganized story where we can barely tell what's going on. It doesn't even include the base salary from the day job, for friggin sake.\n\nThis sub is so weird about what it likes and doesn't like. " Pope_Industries (Pope_Industries): "Not to mention he was making 20+/hr doing side jobs that arent easy to get lol. And having those jobs for up to 40 hours a week? Most people make a lot less than that. I want to see one of these stories where its like, i work a normal job, but through strict budgeting, and being financially smart i was able to be debt free." nnklove (nnklove): "Yea, THIS. "
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Any idea what your hourly was doing the Rover stuff was? Was thinking about signing up on there for some extra income." User (RagnarNoDebt): "For Rover you set your own rates. Start low or on par for your area and once you get a few good reviews raise it. Also have a splashy story and title that grabs owners attention. I really enjoy dogs so this was a fun side money for me. I started charging only $30 per dog per night have raised it to $45 and $75 on weeks that gave holidays. Lots of people have two dogs and that's when you can make good extra scratch. Very fun experiencing breeds I'll never prob own. Also, beware, all owners lie. They say their dogs, don't bark, dont pee in the house, expect the unexpected (like Dalton said)"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "wow. what a champ as a working student rn I applaud you!!!" User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "I'm proud of you.\n\nStaying home and doing free things for xmas, taking advantage of free city programs. I ran up $3k in CC debt in 4 months after being debt free for years. UGH. \n\nAnd I have plenty of cash! Bad mgmt on my part."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" thenewyorkgod (thenewyorkgod): "I can't wait! Had 36k in CC debt in 2012. Down to $8k. Cannot wait until I make that last payment!" expresidentmasks (expresidentmasks): "I'm not judging you but how do you get that deep in cc debt? I freak out if I have a balance for a week. " fundudeonacracker (fundudeonacracker): "Easy, as a baby boomer I am conditioned to buy shit I don't need. Last year I realized I had 20k in credit card debt. I am now down to about 12k. I only pay a fee as I rotate the debt through 4 different cards using balance transfers."
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Congrats! That's a boss move compadre!" User (RagnarNoDebt): "Thank you"
User (RagnarNoDebt): "Hi everyone,\n\nLong time lurker and was 48k in student debt last December. Made a commitment last year to get out of debt. First, off I went the opposite direction and took a $3,500 digital marketing course. That allowed me though to land a higher paying job as a marketing manager for a professional services firm. \n\nI already had an emergency fund of 5k and my new job didn't let us get in the 401k plan until a year in (since has been changed). I put everything I made into my loans, besides rent & utility, cheap food and didn't buy anything like new clothes or luxury items. I then got a gig doing private security at events like Pax East, Comic Con, Apple and at hospitals that paid any where from $20-30hr. Would do these sporadically for anywhere from 10-40 extra hrs a week and huck it am my loans. I also signed up for Rover.com and took care of about 40 different types of dogs. \n\nThe final push is when I started driving Uber. I work in Boston right next to a college so after work it would often be surging and I'd drive for hours after work. I got addicted and would try to bring in an extra $500-800 week driving. Lots of caffeine and not going out on weekends. Kept track of mileage, driving expenses and expected taxes. I also made and extra $1600 referring four drivers\n\nI was making quick headway, but was getting really burnt out. I would occasionally take a weekend off to recharge and then get back at it I would fantasize about hitting a scratch ticket for the last 10k or a gift from a long lost relative. Then fate intervened. At my old job we had a pension program I never paid attention to because they said it was going away. Well one day I get a call from my old CFO the plan was frozen and I was being paid out a little over 10k. I could either take it as cash and pay 3k in taxes & fines, or roll it over. I was extremely tempted to take it and run, but after talking to my CPA coworkers, decided to suck it up and roll it over into an IRA at Wealthfront. \n\nI drove a shit ton of uber the last two months, put my whole work bonus and all my Rover funds towards the last 10k. I was down to 3k last night and used 3gs from my emergency fund to finish it off. It was a very long process, but I'm glad I'm done. Now have to replenish the emergency fund and save up for taxes (saved a bunch, but got greedy towards the end putting it all at the loan). \n\nI'm done and am looking forward to having more free time for fun, learning more skills to get a better job and getting back into fitness. I also made my first post loans splurge purchase..new Retro Jordan 9's..don't know why I wanted them, but I did. 😎\n\nEdit: thank you to everyone for their kind words. I'm done replying for a while, please search the thread if you have questions, I think I answered most of them somewhere. Have a great day and let's go Pats!" Self: "Well done. I remember being newly debtfree. Now and then I would suddenly remember: "I'm debtfree!" and I would be happy all over again. Enjoy it; you deserve it!" anotherapostrophe (anotherapostrophe): "Don't think of debt as bad, think of it as something to build wealth with or save your ass in an emergency."

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