Today I have a guest post from Jacob, a personal finance blogger at DollarDilligence.com, on a topic that I know many of my readers deal with – student loan repayment.
I couldn’t believe my eyes when I logged online and took a look at how much of my student debt I had paid off in the previous year. It was next to nothing. I hadn’t even missed any payments. To start the year, I had around $26,000 in debt and after 12 months of payments I hadn’t even gotten to under $25,000.
I couldn’t believe it.
My problem was that I was on an income-driven repayment plan that limited my payments to only 10% of my income. My interest was still accruing and I was barely putting a dent in my principal – a common problem with these kinds of plans.
That’s when I decided I needed to make a change. I completely changed my lifestyle and repayment plan, and vowed to repay my debt within the next year and a half.
I’m happy to say that I was successful, though it wasn’t fun. How did I do it? Continue reading →
Ever come across a deal that you just have to tell someone about?
That happened yesterday… but let’s rewind and put it in context. Several months ago, I got two great dresses from Target on a BOGO sale and spent $19.99 for two dresses that were each originally $19.99 a piece. It was a good deal and I love my dresses that I got for 50% 0ff… even though they look completely shapeless and unflattering when thrown on the bed for a quick pic.
Yesterday, I stopped at Marc’s on my way home for white chocolate to make Brad’s birthday dessert (Baily’s Irish Cream Cheese Cake… yum). I also needed duct tape, so I headed through the closeout section and out of the corner of my eye, I saw a dress that I knew was hanging in my closet. The clothing section of Marc’s was filled with Target clothes, including the dress above in green. It was market at $2.99. That’s 85% off of the original price! I also picked up another dress for $2.99 and t-shirt for $1.99. Along with my duct tape and white chocolate chips, my shopping total didn’t even meet the original $19.99 for one dress!
These are also shapeless when thrown on the bed for pictures:
I’m linking up (late) with Sharon and Tara to share this deal with Look What I Got!