Education, Make It Rain, Money, Student Loans

Make It Rain On Sallie Mae

In August I shared that my husband and I decided to take control of our combined $128k student loans by breaking the debt into bite-size chunks.

This month kicks off our official goal:

Make It Rain On Sallie Mae Navient!

Aziz rain LARGE

Follow along as I provide weekly, bi-weekly (more like it), or monthly updates on how we’re “making it rain” on Sallie Mae with every spare penny, nickel, dime, quarter, and bill that we can find.

Statistics report the U.S. student loan debt at $1.2 TRILLION, so I assume a few of you are on this Titanic with us. Fortunately, we’ve watched the movie and know to prepare to avoid the iceberg.

*A quick pause to ponder life’s random thoughts: Rose didn’t have to hoard the wood. She could have moved a couple of inches to save Jack’s life. Just selfish.*

jack-and-rose-floating

*End pause* While it’s too late to bring the ship back to shore, we can still be thoughtful and aggressive in avoiding the iceberg.

Some days it will drizzle more than rain, but I don’t care.

fo drizzle

Whatever we send above the minimum is going to be celebrated with champagne (aka tap water). A toast to November’s $75.56 worth of showers!

Month & Year Rain Method Rain Amount
November 2015 Budget Leftover $63
November 2015 Ebates $10.03
November 2015 Purse Find $2.53

Comment and let me know how you plan to make it rain on your loans.

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4 thoughts on “Make It Rain On Sallie Mae

  1. Hello Michelle.
    Congratulations. I am VERY proud of you for taking this on. How old are you, if you don’t mind me asking, and what made you decide to take this challenge on? Most people just make the minimum payments. There are many people out there who are in their 40s still paying off student loans from their 20s.

    Like

    • Hi Annie, thanks for the support! Appreciated. I celebrated my 34th birthday in the last few weeks. The decision to seriously tackle this debt was prompted by anger at all the money being wasted on interest. It was frustrating to consistently make monthly payments that were barely touching the principal.

      Like

  2. Pingback: Struggling to pay your student loans? Find the “extra”. | M. Michelle Derosier

  3. Pingback: 13 Random Thoughts While Binge Watching Fuller House | M. Michelle Derosier

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