student loans

I always say there are two resources when it comes to investing for your retirement: time and money. Money, most of us don’t have when we’re young, right? So you don’t have a lot to invest, but you do have a lot of time, and you should take advantage of that, because the more time that your money is in the market, is invested, then the more it’s gonna grow.

So you don’t want to necessarily give up on those years of investing—at the same time, you have this debt to contend with and it seems kind of silly to… start investing when you’re still paying off debt, right? I think that’s kinda the psychology that most people have.

Allison Baggerly and her husband partnered together to pay off $111,000 of debt in 4 ½ years. They completed this difficult feat on two teacher’s salaries with two little kids at home.

Today, we’re going to be talking about something that is, for some reason, extremely taboo. So, I made sure to get my Taboo Tea here! *sips* Because, we’re going to be talking about debt. And, for some reason, bills and money and debt is something that is just not talked about.

Tons of so-called personal finance “gurus” advocate never going into debt, but for most people that’s simply not an option (and that’s ok).

So no, I don’t have a sexy debt payoff story at all. I didn’t save half of my income right out of college so I could pay off my debt right away. I didn’t pay off truly intimidating and inspiring amounts of debt in a single year.