We know that student loans are an ever-growing problem – especially for each new graduating class. The student loan debt as of 2016 average is nearly $37,000.
Given that the average starting salary for college graduates is $50,000 a year, a 5-figure debt load can be a heavy one.
Whitney Hansen decided not to be average – even though she took home a huge debt bill along with her degree.
There’s no magic formula.
Whitney kept her expenses low and increased her income with side jobs. It’s not the most glamorous lifestyle, but it works. For Whitney, scrubbing feet and painting toenails in her 20s paid off in spades.
When asked if she felt left out of a fabulous life after college. She’s replied, “No”.
One must be extremely focused to knock off a 5-figure debt in 10 months. Now, almost 30, she’s working her plan to pay her home off too.
I love speaking with folks who are putting plans into action. You’ll love Whitney’s story because she worked with what she has.
She didn’t get a cash gift from mom or dad. She didn’t win the lottery. She didn’t start a quirky trend and cash in big. She worked her plan and didn’t come up for air until she’d reached success.
What changes are you making to pay off debt faster? Leave a comment on the new Midday Money Show voicemail. Call: (773) 893-0241
If you like The Midday Money Show podcast…
Thank so much. I really appreciate your feedback.