I paid off my student loans 7 years early after calling my servicer - Business Insider

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An extra $10 a month seemed like such a drop in the bucket, but I decided to call my student loan provider to see how much of a difference it would really make

. That may seem like pennies to some, but I wasn't exactly rolling in dough. As an entry-level newspaper reporter, $28,000 was also my starting salary.

I wanted to become debt-free as quickly as possible, and that moment changed how I started to approach money. It made me realize that how I spent my money, even just a few dollars, could alter my future for the better.After this revelation, I felt in control of my finances for the first time since graduating college. Instead of a prison, my debt felt like a weight that was slowing me down — and I finally understood how to lighten the load.

That $10 sparked a lot of little changes, but most importantly it made me realize what was actually worth paying for. Back then, it wasWhen I got a new job, I added the salary increase to my student loans. A year later, I moved in with my boyfriend and a mutual friend. By then, I was putting 50% of my take-home pay toward my debt. Three years after my first student loan payment, I became debt-free.After I saw what a difference $10 could make, I was determined to scrimp and save anywhere I could.

My money obsession started to make me miserable. I refused to even buy things I knew would make me happy, like a gym membership or art classes. I wasI also avoided doing things with friends, like going out for drinks or seeing a concert. When anyone wanted to hang out, I would push for cheap activities or not join them.

 

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this is what Zim treasury needs to do and think like! MthuliNcube edmnangagwa you have local debt you are all MIGAd out in IMF World Bank and God knows what else as a nation. Just think if only 1 VP if less international trips just for a year! InfoMinZW MinisterSBMoyo

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