My name's Joe, and I'm about $140 grand in debt. Most of it is my student loans, of which I pay about $1600 a month. I wish I could tell you that the Bachelor's in Animation was worth it, but I think my career in IT would tell you otherwise.
I've been pretty lucky, however. Surprisingly enough, every time Sallie Mae decided to bump up my minimum payment, I've been in a position that I could afford it. Until now. Recently, losing a job and taking a pay cut with a new one is starting to stretch my earnings a bit farther than I anticipated, on top of extending my debt into the wonderful world of credit cards, something I had avoided like the plague until now.
I've made the decision that I'm going to be debt-free by the time I'm 35, and I'm going to have fun doing it. I'm tired of making only the minimum payments and living around the problems it causes.
My girlfriend Laura and I have started this blog to track our progress, share any tips and tricks we find and look back at this and laugh as we ride into the sunset on the yacht we're obviously going to buy after all the money we make once we pay our debts off.
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