“Thank you, OSAP, for my education. I don’t think I could ever pay you back.” – Broke, unemployed 22-year old me, fresh out of university. Here is the magic formula: 1. Switch to a low to no interest loan You will never pay your principle amount if you keep accumulating interest and you would end … More What I did to pay off $28,300 worth of student loans in less than 2 years.
This post is to officially announce that I paid off my $28,300 loan on March 15, 2018! FREEDOM never tasted so sweet. I woke up exactly at 5AM to check my paycheck deposited in my bank account. Then, made the final transfer of $1,800. In all honesty, I did not feel any different. It didn’t … More Loan Payment #22
February 2018, DONE. Now, I only have $1 800 left to pay in March. This has been a long time coming and I can’t believe that now I can say I only have ONE MORE PAYMENT TO GO.
And another one bites the dust. I never thought that I would be able to say this. Now, there is only $3,600 remaining of my $28,300 student loan! My goal is to pay it off by my 24th birthday in March, making the payback period a little less than two years since I graduated … More Loan Payment #20