Lessons learned from someone who paid off nearly $100,000 in student loan debt

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Lessons learned from someone who paid off nearly $100,000 in student loan debt.

"It's not a full-time job where you have to know everything you can," Lockert says. "Think of it as a way to learn something new."When you start chipping away at your debt, rewarding yourself along the way will help motivate your efforts.

After reaching a certain payoff goal, such as $5,000 or $10,000, Lockert would treat herself to a dinner out or a massage. For the many continuing to shelter in place these days, reward yourself with some self-care. Meditation apps likeallow you to relieve stress in just a few minutes or you can treat yourself with an art or gardening kit to take your mind off your debt.

While you still have to consider budget, know that rewarding yourself can be worth the periodic costs if it keeps you motivated and on track long-term to pay off your debt.Lockert's interest rate on her student loans served as an expensive wake-up call about just how much her student debt was costing her. When she graduated from NYU, she realized she was paying $11 each day in interest alone.amount.

When Lockert ever doubted herself, she would take a look at her "debt-freedom dream list" that helped her realize what she could do once she paid off her student loans: take her mom to Italy, get pet cats and move back home to Los Angeles.Write down your goals to help you visualize what a debt-free life has in store. Maybe, like Lockert, you also want to

 

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is that jim carrey?

Step 1. Get a job that pays more than $100k per year.

Death

FireJimCramer !

Bail out the banks but keep young people in debt forever.

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Now do an article on how colleges justify inflation rates on their tuition...

Is it that shoe leather is good up-against-the-wall supplemental protein source?

Don’t pay $100k to go to college. Simple

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A big struggle as a student loan borrower? Not knowing what you'll owe - Business InsiderIf you're taking out a student loan, youngsinick suggests asking yourself if it's really worth it, and talking to other people about their experiences with debt — even if it's uncomfortable youngsinick 💰⚖ September 17, 2001 | Under Media Restrictions | The-War-On-Drugs | Why Are Medua Restrictions Still In Place?
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