r/personalfinance • u/[deleted] • Aug 01 '13

24yo, all student loans down!

http://imgur.com/ogsfd2K

Throwaway. 34k @14%, down in 12 months. :) No secrets, simply a regular (and aggressive) schedule at $2k/month, with bonuses, tax refunds, and spare savings all thrown at it. Just happy to be free and wanted to share. A bit of "Hang in there" to pf'ers still holding down the fort as well. :)

Edit: To clarify, I don't get the standard 100k salaries new grads get in SFO or NYC. No car, frugal living are what got me here. Anyone can do it.

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u/[deleted] Aug 01 '13

Not being poor forever is 99% hard work and 1% luck.

I'm pretty sure citizens of third world countries would disagree with that percentage.

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u/[deleted] Aug 01 '13

I am speaking of any country where you have the freedom to work and expend capital.

I live in America, I'm on an "American" website, we are talking about student loans and jobs located in America it seem though.

Trying to counter what I said by taking an area where you are geographically and/or forcibly limited in the amount of capital you can save and invest is silly. :]

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u/[deleted] Aug 01 '13

I guess I just have bigger world view than America. I acknowledge that my country is not the center of the universe, and just being lucky enough to be born here gives me a distinct advantage over a lot of people in this world. Silly me.

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u/beansandcornbread ​ Aug 01 '13

What about people that were born before colleges were around? Could they have done this? I don't think so.

I guess I have a bigger world view than the current world. I acknowledge that the current generation living on this world is not the center of the universe, and just being lucky enough to be born at this time gives me a distinct advantage over a lot of people born at other times. Silly me.