It is no secret that higher education in the United States costs more than an arm and a leg. In our pursuit of higher education, both Nathan and I have racked up an impressive amount of student loan debt.
Over the years we didn’t really have a plan for repayment or a plan to get out our student loans debt. Although we weren’t wasteful with money and we didn’t live beyond our means, we didn’t have a plan for our money or how to manage it.
Until………..
Our Plan
For anyone who is facing a seemingly insurmountable task which seems almost too daunting to even tackle………
Baby steps!
Giving yourself small victories. It keeps you motivated as you begin the journey and the task at hand. What we decided to do with tackling our debt was to first write down all of our current debt. You cannot be free of debt if you do not know how much you owe and how much you owe to who. It also puts things into perspective with spending.