Man, do I feel GUUUD


Newarcher

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I have just posted the final payoff for my student loan!

While the monthly payment was small and relatively insignificant, it was just a painful reminder of painful times! laugh.gif I used part of my tax refund to pay the last payment on it.

I am glad that it is gone and that I have that degree behind me. Now I just have to keep up with the documentation for the rest of my life---the government has been known to come back years or even decades later with a collection agency to collect money already paid.

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Re: Man, do I feel GUUUD

Preacher,

Don't feel bad, you are now reaping the benefits of the loan also! laugh.gif

My wife works at a hospital and two doctors married. They had something like $175,000 in combined loans. Although they make a good living, they are often strecthed to pay for these loans and everything else.

I have converted to the Japenese theory of wealth and away from the American. It is not what you have but what you OWN. Most Americans have a great life from the outside....nice home, two cars, boat, camper, etc. but they are leveraged out the wazoo. This student loan also was my last consumer debt of any kind. No credit cards, no car loans, no nothing but my mortgage. Not bragging just HAPPY.

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Re: Man, do I feel GUUUD

Well, my celebrating and proposed purchases are not to be because my wife is quitting work at the end of May. I would rather have her work the rest of her life and keep the loan the rest of mine! laugh.gif

I bought a new bow (Trykon) last season and it will be my last for many many years. I will have to limp my Dodge truck until it accidentally gets set on fire and rolled off the South rim of the Grand Canyon....you know, on accident and all. laugh.gif

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