How to get rid of your student loan debt legally with hard work
If you’re like me you came from a poor house hold and you probably knew little to nothing about money, how it works and how you can get it to work for you. When we’re young we want everything right now and as soon as possible which is why student loan debt for must of us will follow us all throughout our lives if we’re not careful.
debt in general is something hard to shake and the est way to get rid of it is to avoid getting into anymore debt until you get rid of your student loan debt first. What typically happens and I watched all of my friends do this is as soon as students graduate college if they’re lucky they find a job and the moment most of my friends found a job they bought a house with mortgage and a financed a car!. This is wrong way to get rid of student loan debt. Some of them used the excuse of marriage or having kids to justify these purchases these is the absolute wrong way to approach getting out of student loan debt or any debt for that matter.
Personally I had to pay back $50,000 of student debt actually it was $45,000 but with interest I wound up paying back around $50,000 and what I did was the complete opposite of what everybody else did. All my friends in debt took frequent vacations and even when they found work they paid the minimum balances on the debts they owed as a previously mentioned many of them had kids and bought themselves a house and a financed car.
What I did was I worked 2 jobs and went to war with my student loan When I just started I would pay back $1000 per month that was the first two month’s because I had to rent a cramped apartment but once I purchased all my used furniture and my 13 inch TV at the time and everything I needed to eat sleep and relax was in my apartment the only liability I had was paying my rent eating, food and paying my car insurance. My Honda civic was owned sure it was a piece of sh*t but it got me to work and back and I had no car lease to pay.
Anyway the close to $4000 I was making at least $3000 was going to pay off this student loan the more the student loan went down the harder I worked and the harder I worked the more promotions I got and the more promotions I got the more i would say to myself I deserve better than this then one day something happened I realized my $45000 student loan was now $4815 I remember this because the night before I ate cookies for dinner. What was strange to me was that it had only been like 2 years and those years had flown by but here I was about to be debt free!
Once I got debt free my mind began to change about everything the stress I had previously felt all of sudden started to go away and began to look at the world the way I did when I was young and debt free. I started to remember what freedom felt like! Student loan or any debt for that matter follows you EVERYWHERE! and if you want to get rid of your student loan debt legally just work, work hard and stay focused on the task at hand. When you’re in student loan debt don’t get into more debt and if you can help it don’t have children and compound the problem!
I’ve never been a huge fan of using a mortgage to purchase my own home. I believe in capitalism and waiting for suckers to purchase homes they can’t afford and then buying homes in good suburban areas for dirt cheap. Once you’ve been in debt and worked and fought your way out of it you’ll see the world differently. Legal opportunities will find their way to you, when you work hard for your money you’ll respect your money and you won’t blow on foolishness, you may even view people differently and understand why most people base their decisions on their emotions.
WHEN YOU’RE IN DEBT WORK YOUR WAY OUT! Use you’re mind and have laser focus to pay off your student loan first before getting into anymore debt. Another thing you don’t want to do is watch what other people are doing do not assume that a person driving a BMW is doing better than you are. A lot of my friends were driving BMW’s or Mercedes Benz’s when they finished school some still are but they’re deeply in debt because of those luxuries and often to stressed out to enjoy life.
Get out of debt, be smart if you don’t have any kids don’t have any until you get out of debt. If you do have kids and you want to get outta debt you’re just going to have to work extra hard. It’s been done by several married and single parents there really is no excuses. The only limits are the ones you put on yourself. To get out of dent you have to stay out of debt and don’t get into any more debt. Getting into debt is not smart!