Thank you for joining me for another edition of the Financial Panther side hustle report! As you can probably tell from reading the title of this post, August was a very lucrative side hustle month for me. In fact, it’s my highest side hustle income month to date. It’s months like this where I seriously […]
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Lawyers, Doctors, and the Appeal of the Clear Career Path
I’m sometimes convinced that the reason a lot of people become doctors or lawyers is due to the fact that the path to those jobs is laid out pretty well. There’s sort of a blueprint you can follow – go to college, get good grades, do well on some standardized tests, and so forth, and […]
Business Credit Cards: The Ultimate Tool For Travel Hackers
Ever since I discovered the world of credit card points and travel hacking, I’ve been obsessed with learning everything I can about this hobby. With a little bit of knowledge, it’s possible to accumulate hundreds of thousands of points and miles just by opening up new cards and putting your normal, everyday spending on them. Even […]
The Only Secret To Paying Off Debt Is To Be A Weirdo
One of the things I always tell people about debt is that there isn’t any secret to paying it off quickly. There’s no magic method that will make your debt disappear. No secret tricks that will crush your loans any faster. And you probably shouldn’t count on someone else paying your debt off for you.
In the end, paying off debt really just comes down to a single basic principle. Live on less than you earn and use what’s left over to pay off your debt. The more you have left over to pay towards your debt, the faster it’ll be gone. It’s basically that simple…
A Breakdown Of How I Paid Off $87,000 Worth Of Student Loans In 2.5 Years
One of the best things I did coming out of law school was to pay off my student loans as fast as I could. Doing this gave me a ton of flexibility in the type of money I had to earn. With my loans gone, I didn’t need to work in a job earning a certain amount of money, all so that a portion of it could go out the door to some student loan company. And I could rest easy at night knowing that I didn’t have to keep paying for a piece of paper that I had earned years ago!
Interestingly, even though I knew how much in student loans I had paid off, I had never actually looked at what I had paid over those 2.5 years.
I thought it might be an interesting trip down memory lane to see this information. So a few weeks ago, I requested my payment history from my student loan servicing companies and took a look.
No Dad, I Didn’t Get Fired
The other day, I was talking with my dad and we got to talking about my new job. I told him how I was doing – I liked it, I was way less stressed and anxious, and overall, the new job seemed like a better fit for me and my personality. Yes, it was another […]