Erasing 90k in debt in 7 months
In light of the post with student loan horror stories, here's a success story of someone who paid off 90k in debt from his HBS MBA in 7 months with a good but not great job. Some of the stuff isn't that smart, but it's an interesting story and a good contrast to the "models and bottles" school of thought.
What do you guys think? Have any ridiculous frugality stories?
http://blogs.wsj.com/economics/2012/05/17/wiping-…
Link to his blog: http://nomoreharvarddebt.com/
Pshhhhh. Don't show that to liberals. It's blasphemy.
This is insane. I kind of want to try something similar to this after I graduate with my bachelors. Save up 150k and just live with my parents, then get my MBA and pay it off full right then and there. It's pretty much impossible though.
Someone wanna share a bunk bed with me up in Harlem?
Chicken and waffles!
hahaha what an idiot. 30 years old and $0 saved for retirement. He's fucked. He will soon realize that he needs to pay for a mortgage and his kid's college tuition. I don't think that the money he saves with his flask will get him those things.
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Cool story, but he would've paid off his debt anyways. This story isn't transferable to the barista with $150k in student loans and a film studies degree from NYU.
Illiniprogrammer would be proud.
I'm down 40K in student debt in under 2 years, haven't neglected my 401K completely, and live a "normal" financial life...yes to restaurants, no to flasks. Basically, no huge vacations I can't finance with Starwood points, not owning a car I don't need, and living in a safer and cheaper (but not as cool) neighborhood. That's it. Also, I'm pre-MBA, so no six figures yet.
Basically, this guy is an attention-seeking weirdo. Brady4MVP would be proud though...HBS!
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