How I paid off $22,680 of my husband's student loan debt in two years - Business Insider

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I paid off $21,816 of my husband's student loan debt in 2 years. Here's how I did it — and why I would do it again.

AleksandarNakic/Getty Images

After two years, they had finally paid off the entire balance together — $22,680 of which Wheeler paid personally. While the initial process was overwhelming, I found that doing my research and knowing exactly what I was getting into was a great starting point. After I showed my husband that he was spending around $1,500 a year in student loan interest, we decided that I would start paying a portion of his loans — with a deadline of two years. We didn't decide on a set monthly amount — the expectation from the beginning was just whatever I could contribute. My average monthly payment was $612.

When I told a friend what I was doing, she thought I was crazy. "It's not your debt," she told me. But when you're married, it is your debt. And as a couple, it's important to tackle it as a team and remove any negative emotions that could cloud your judgment and ultimately sabotage your end goal.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

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