WHAT I’M DOING NOW THAT I’M RID OF MY DEBT Paying off your student loans is anticlimactic. This past February, I received my tax refund and added some savings to pay off the last $4,692 I owed. I called my servicer to make the final payment. After the representative congratulated me, I did a happy dance and that was it. In total I paid off $43,151. I hope to celebrate with a vacation, but until then I’m settling for other ways to mark the victory. First up is padding my emergency fund. But I also plan to feed my music-nerd desires with a new electric bass and speakers. Even consumer finance writers don’t make entirely responsible choices all the time.
This article A Student Loan Expert Takes Her Own Advice was originally written by NerdWallet on May 18, 2020 and published by The Associated Press.
ANNA HELHOSKI is a staff writer at NerdWallet.
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