Browsing Tag

debt reduction

Money, Student Loans

My Student Loan Story: Follow me from $90K to $0 Before Age 30


If you’ve been hanging around Living in Flux for any period of time, you know that student loans are one of my topics of interest. I’ve talked about why I pay extra on my student loans each month. I’ve talked about what I think could help solve the student loan crisis in the United States. I even won the MyMoneyAppUp Challenge in 2012 for my app design concept to help student loan borrower more easily manage their student loan debt.

And while I’ve skirted around the topic on this site for over a year, I haven’t fully shared my student loan story.

That is, until now.

Continue Reading

Reach the finish line and pay off your student loans faster
Money, Student Loans

10 Ways to Pay Off Your Student Loans Faster


It’s no secret that student loans are one of my areas of interest. Specifically, I’m interested in how to pay off my student loans faster. Heck, I won the grand prize in the MyMoneyAppUp Challenge for an app concept that would help student loan borrowers pay off their student loans faster; plus, one of my main goals is to pay off all of my student loans by the time I turn 30.

One of the things that really sticks out to me about the options for student loan borrowers is that a lot of resources focus on making monthly payments more manageable. It’s true that there are a lot of student loan borrowers who are having trouble making their payments each month. However, one thing that is rarely mentioned is that you often trade a lower monthly payment for a longer repayment period and more interest paid over the life of the loan.

Continue Reading

Living in Debt, Money

Reducing Debt in the New Year: The Debt Movement and the NO SPEND Challenge

Reducing debt is one of the good ol’ New Year’s resolution standbys. Everyone wants to lose weight, eat better, drink less, spend less, save more, yada, yada, yada. And in an age where student loan debt, credit card debt and car loan debt are well in the trillions, reducing debt is also on the top of American’s to-do lists once the new year hits.

It’s easy enough to decide what one’s resolution will be. However, as everyone knows, sticking to resolutions is a much more slippery slope. One of my goals for 2013 is to pay off a sizeable chunk of my student loans.

Continue Reading