8 Simple Steps To Pay Off Debt on a Teacher’s Salary

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You’ve heard those success stories of people who pay off a big chunk of debt while earning thousands per year. You wonder if they can do it, why can’t I?

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As a school counselor who borrowed over $42,000 in student loans and paid it off in 34 months while earning less than that per year, I’ll reveal the steps that worked for us.

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1. UNDERSTAND HOW MUCH DEBT YOU HAVE

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1. UNDERSTAND HOW MUCH DEBT YOU HAVE

2. CHOOSE ONE DEBT TO PAY OFF FIRST

Swipe up to Continue Reading!

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Visit WealthyNickel.com to learn how to save money and invest!

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8 Simple Steps To Pay Off Debt on a Teacher’s Salary

You’ve heard those success stories of people who pay off a big chunk of debt while earning thousands per year. You wonder if they can do it, why can’t I?

As a school counselor who borrowed over $42,000 in student loans and paid it off in 34 months while earning less than that per year, I’ll reveal the steps that worked for us.

1. UNDERSTAND HOW MUCH DEBT YOU HAVE

If you want to become debt-free, you know where you want to go.

1. UNDERSTAND HOW MUCH DEBT YOU HAVE

Before you can get there, you need to understand where you are on the money map right now.

1. UNDERSTAND HOW MUCH DEBT YOU HAVE

Once I saw my loan repayment options and the total amount I’d repay with interest if I stuck with the standard plan, I was mortified.

1. UNDERSTAND HOW MUCH DEBT YOU HAVE

Writing down the following details helped me get a grasp on where I stood financially, and it can help you get started too.

2. CHOOSE ONE DEBT TO PAY OFF FIRST

Chip away with extra payments on that one loan until it’s gone, then go after the next one.

Swipe up to Continue Reading!

Visit WealthyNickel.com to learn how to save money and invest!

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