“You can wander into debt but you can’t wander out of debt.” – Dave Ramesy
So you’re probably wondering how does a 20-year-old has $57,747 worth of debt. I’m pretty sure you guessed it, the majority of the debt was STUDENT LOANS!
It all started 7 years ago. I took out my first student loan in order to attend a private university that I couldn’t afford. At the time, I didn’t know what I was getting into. I didn’t know what debt was. I didn’t even realize that it will be my responsibility to pay the money back. I just knew that I needed money to go to school. Plus everyone else took out student loans so everything was fine.
While in college, I continued to rack on debt. In my second year of college, I got my first car and car payments started to roll in. During my third year of college, I then opened two credit cards after being influenced by family and friends. By the time I graduated from college, I graduated with $57,747 in debt and my dream job. YIKES!
It wasn’t until September of 2017, that I realized the amount of damage that was caused and decided to follow Dave Ramsey’s Baby Steps.
