Get out of debt brehs

[phcitywarrior]

I get three checks in May and am using the first one to just pay debts. So far my balance is decreasing still a ways to go though.

What method are you using? I did the snowball method of paying off the smallest debts first and then moving on to the bigger ones. I'd only pay the minimum on the bigger debts. There's a nice feeling of seeing only 3 line items and knowing you're at the finish line.

Most of my debt were late speeding tickets, a few medical bills, and a student account I had from college. Very little CC debt. I was lucky in that I had very little interest growing.

It really feels good to be out the hole. Every breh needs to know what this feeling is like

 

[Bane]

What method are you using? I did the snowball method of paying off the smallest debts first and then moving on to the bigger ones. I'd only pay the minimum on the bigger debts. There's a nice feeling of seeing only 3 line items and knowing you're at the finish line.

Most of my debt was in late speeding tickets, a few medical bills, and a student account I had from college. Very little CC debt. I was lucky in that I had very little interest growing.

It really feels good to be out the hole. Every breh needs to know what this feeling is like

I'm doing the same. Amex is about to be finished this year then moving on to Discover.. Last CC I need to pay off.

 

[Amerikan Melanin]

Got 2k in debt to pay off. Once I do that my credit score should go up to 750+.

 

[Ashyneezz]

Just finished paying off my car. Refinanced in January and paid the 18k off. Never gonna go back to a car note

Now for this 80k in student loan debt

 

[International Playa]

3k left

 

[funkee]

just paid off the last 5k on my car and will tackle remaining student loan debt next w/ refinancing. no more car/vanity purchases until student loan is completely or at least more paid off or i hit a lick w/ investments.

 

[RichieRich]

just learned about full steam , having a visual of when Ill be clear is a good feeling

 

[Secure Da Bag]

Just finished paying off my car. Refinanced in January and paid the 18k off. Never gonna go back to a car note

Now for this 80k in student loan debt

I've been there breh. Once you get that loan paid off, the weight of the world just falls off your shoulders.

I don't what your financial situation is, but I used every opportunity to pay off my loans. Any extra money I had went to those loans.

 

[phcitywarrior]

Keep plugging at it brehs and brehettes. Summer is tough because you wanna go on vacation and there are a lot of activities to take part in. Just keep focus.

 

[International Playa]

Keep plugging at it brehs and brehettes. Summer is tough because you wanna go on vacation and there are a lot of activities to take part in. Just keep focus.

I found cheaper alternatives to hotels if you wanna go on vacation on a budget, college campuses usually rent out student accommodation during summer for dirt cheap, cheaper than hotel rooms. It's cool if u dont mind not staying in a 5 star hotel

 

[phcitywarrior]

I found cheaper alternatives to hotels if you wanna go on vacation on a budget, college campuses usually rent out student accommodation during summer for dirt cheap, cheaper than hotel rooms. It's cool if u dont mind not staying in a 5 star hotel

Yep, this is a good fix especially if you're younger (< 27 yrs) and are travelling to a major metro area/college area (NYC, DC, LA, Philly etc)

 

[cncguy]

I found cheaper alternatives to hotels if you wanna go on vacation on a budget, college campuses usually rent out student accommodation during summer for dirt cheap, cheaper than hotel rooms. It's cool if u dont mind not staying in a 5 star hotel

This is interesting; I never knew about this. I'm gonna look into it

 

[DeuceZ]

paid off my citi card, capital one u up next

 

[Software]

Just finished paying off my car. Refinanced in January and paid the 18k off. Never gonna go back to a car note

Now for this 80k in student loan debt

Damn breh, I got 55k and I feel like this shyt kinda crazy.
I can only imagine how the people with 150k+ are feeling

 

[Ashyneezz]

I've been there breh. Once you get that loan paid off, the weight of the world just falls off your shoulders.

I don't what your financial situation is, but I used every opportunity to pay off my loans. Any extra money I had went to those loans.

Damn breh, I got 55k and I feel like this shyt kinda crazy.
I can only imagine how the people with 150k+ are feeling

3 weeks after I posted that and paid off my car I got rear ended and my car got totaled