I made my last student loan payment
I (23) made my last student loan payment yesterday. I’m still in my grace period as I just graduated 6 months ago. I went to a very affordable college to get mi bachelors degree. I commuted and didn’t have any housing or meal plan which saved me a lot of money. While in school, I didn’t take out any loans my last two years and paid my balance for the year right out of pocket. I have always been good at managing my money and saved up what I could to pay it off. My goal was to be debt free before my grace period ended because I never wanted to drown in student debt my whole life. I also handled my highest interest rates first. I was smart when I took out any loans. I didn’t have a loan higher than 6.5% interest rate. I paid everything in full before my monthly payments started because i knew this was the only point in my life where I will this much flexibility with my money and it save me a lot of money if I pay it now years down the line.