Got debt?
Not sure how to make progress or why you should even try?
4 reasons you should get out of debt fast
Debt is expensive AF
Did you know interest accrues on your loans every single day? On a $50,000 loan at 6% interest, that’s over $8 a day! Basically a daily fee just to carry a balance.
The longer the life of the loan, the more you’ll pay overall
If you extend your repayment from 10 years to 20, you could be doubling the amount of interest you pay. Yikes!
Once the debt is paid off, you will have more $$$ each month for other goals
What could you do with $500 a month instead of giving it away to some big loan company? You could save for a condo, retirement (never working a job you hate again), designer shoes, whatever your heart desires.
Most people aren’t paying off their student loans in less than 10 years, but you aren’t like most people. You are a badass and can accomplish hard things. You got this.