I Paid Off My Student Loans! DEBT FREE!!!

I hope this video gives you inspiration to become debt free too. It's been a long journey, but there is no better feeling than having it all paid off.

Have questions or just need some friendly advice? Let me know in the comments or Tweet at me: @JoesDaily

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[rwdplz]

$40, 000 in student loans, then graduated end of 2008 at the height of the Great Recession. Two weeks from now when I get my next paycheck, making THE FINAL PAYMENT!

[LewisPike]

Motivating and very similar to my story. I'm 3 months in on my goal of paying off 70K. Making some serious progress as I've knocked out around 22K so far. Plan is to have it all knocked out by the end of the year. Thanks for sharing your story.

[AinebeautyBlogspot]

We're in the process of paying off debts, clear plan and we're making serious progress! It's the best thing. I discovered Dave Ramsey and he gave me an almighty kick up the arsh. Just what I needed. Seriously well done paying all that off!!

[justthatpm]

thanks for making this video! i start my pay back period next month, sort of dreading it but i do understand as you said to start paying larger payments sooner than later. congrats on paying it back, that's a big feat!

[freedominabudget]

Congratulations!!! I paid off all my student loans last night!!

[vsonic]

I destroy all my debts in one day $22, 800. Student loans and car bro!!! I am done on January 5th 2017. This is my new year resolution for 2017.

[ominous]

I feel like this video was not so much motivational but a humble brag. You paid off $95K in student loans in under a year. That means you made well over six figures last year from your business after taxes. Not everyone makes that kind of dough.

There are similar YT videos to this. They set a budget, made sacrifices, paid off little by little methodically and religiously over a long period of time, etc. Now THOSE videos are motivational but this is more like "I'm so lucky, my business did really well last year and I was able to clear $100K of debt in a year"

[naimaahmed]

Thank you so much for this video. I have already started planning. What motivated me the most in ur video is when u talked abt how important it was to pay immediately. The point u made about your friends going on vacation and saying they couldnt afford to pay off their loan stayed with me. My loan pay off day will be a year from today.

[thelostjournalofmystifying]

im amazed that you can afford to live in LA and have enough money to pay off your loans in such a short amount of time .

[michaelsorrell]

Hey Joe very congrats on paying off your student loan. yes it does feel like i am trapped and in a prison of sorts but i wish one day i can send you the same message back that i am debt free of my student loan. you are right it is a very long stressful journey and i am taking the responsibility of the fact that i made that choice of getting the loan and its my responsibility and i dont want to complain or blame anyone else for my choice. thanks again fro the video and again very congrats and wishing you the bright future ahead of you now

[RealLifeEddyK]

I owed $112, 500 to Sallie Mai.  I started taking loans in 2005, finished school in 2009, started paying back Nov 2010 and completed paying in Feb/Mar 2013.  Not to bad, I'm happy it's done, my next goal is my house :)

[eonronhaydon]

My parents spent less than $800 for 4 years of my university education. It's crazy how expensive education is there in the US. Anyway, congratulations!

[dportal]

Congratulations man. Get your life back on order and try to never be on that position again!!! Great job!!

[jaccrazy]

Great advice.! I can't go indepth on here. But I have a recent student loan. I am working on lowering interest rate/forgiveness of interest. (NOT the loan amount) for a thing outside my control currently. But when I started I said "I will get to such and such dollars" because I know it can be feasable in the future financially. Plus tell myself weekly my personal motivation for paying it off. For me, it is not carrying debt to my future husband. Whever he may be lol. But it keeps me grounded.

[VictorDo]

I got an email to tell me to check my loans. And omg I didn't realize how little over the interest I've been paying back. Time to up it up a few notches! Thanks for the inspiration Joe. On top of that I have other debt...but it will all be gone soon I hope. I'm giving myself until 2020 to get this gone.

[papierflora]

Thank for inspiring me. I have six months left in university and around $40000 of debt by the time I will leave, but I am determined to start paying off right now since interest rates are deferred until I graduate. Like you, I'll dedicate as much money as I can to pay off these loans fast. The vision of a debt free life is too beautiful for me to delay what I want and have to do. Thanks again. :)

[rordinola]

Paying off your student's loan is remarkable, a good goal. Even though you won't have a steady loan installment that helps your credit score, and that may be the only disadvantage. Personally, I stuck with my student's loans for more than 20 years, and I have 10 more years to go, according to Navient. School should be for free and to carry a loan for a long time changes a lot of aspects of your finances in your life. So I paid off the last 10K of my loan, and it feels that I got a big rock off my back. Now maybe I can go and buy that new place without worrying about that extra payment. At least I'll be happy to pay for another loan, and this time knowing that I am going to own it.

[itsmephil]

Congrats, man! I know how excited you must be because you're free from that financial noose. It was the same for me, I was so elated & I felt I had reached a stage of financial maturity. I think you have the right idea. Where possible, start a payment plan IMMEDIATELY. Sometimes there are hiccups along the way. That's ok. Sort it out & get back onto paying that loan off.

Thx Joe. Peace.

[beforetheapocalypsetv]

I paid all of my debts today! I feel happy but I feel strange. :)

[kerimtaskn]

Hey Joe, thank you so incredibly much for giving such insight into student loan debts. I am about to finish my first year at university studying design engineering which was actually a course of my dreams but taking a student loan and being under this debt just feels really wrong. Your video has helped me truly understand what it really feels like to be under such a debt and will help me make certain decisions in the future. God bless you over and over, enjoy the freedom of not having such a debt my friend :)