About a month ago, I was checking out the SoFi events page when I came across a SoFi event that I couldn’t miss – free tickets to the Big Ten Championship in Indianapolis. These weren’t just regular tickets either. They were in the SoFi suite, with free food and drinks and access to the pre-game VIP hospitality […]
Debt
Two Things That Make Paying Off Debt Harder Than It Seems
Every once in a while, I like to listen to a little Dave Ramsey. You can say what you want about him, but when it comes to motivating you to pay off your debt, I don’t think anyone can beat him. His secret is just how simple and doable he makes things seem. Listen to […]
Why Biglawyers Need To Pay Off Their Loans Fast
A few weeks ago, I ran into a colleague of mine from my old law firm. After exchanging the normal pleasantries, we got to talking about who from our class was still working there. It wasn’t many. I graduated law school back in 2013 and started my first biglaw gig soon after. Just four years […]
What Financial Health Means To Me
I like to think that I’m pretty financially healthy. At 30 years old, I’m in a fairly unique position. I’m currently debt free after paying off nearly six figures worth of student loans in just a few years. I’ve got a sizable emergency fund that should cover me in the event of a disaster. And my net worth continues to grow each year as I continue to push myself to save as much of my income as I possibly can.
We have a plan of attack for my wife’s student loans as well. If all goes as planned, we’ll have her debt paid off within a year or two. A dentist/lawyer couple in their early 30s paying off all of their student loans in just a few years isn’t just a unique proposition. It’s pretty much unheard of.
$500,000 Worth Of Student Loans – Could You Pay It Off In Just A Few Years?
When you’re married to a dentist, you tend to learn a lot about the world of dentistry. Turns out dentists love to talk about teeth and when you hear them talk about it all the time, you end up picking up a few pieces of information here and there.
In addition to learning about teeth, I’ve also been learning about the crazy amount of student loans that most new dentists graduate with these days. I’m definitely no stranger to student loans. Law school is notoriously expensive and in the legal world, student loans are pretty much a given. When it comes to student loans though, lawyers don’t even compare to the type of debt that dentists can graduate with.