I paid off my final student loan debt last week! Specifically, that was $25,000 in student loan debt plus a $10,000 car payment all paid off in 3 years. YNAB helped me stay on top of my expenses so I could prioritize throwing as much income at my debt as possible while still having a comfortable life guilt-free. Thank you thank you, YNAB!
Excellent video, per usual. If you were already enrolled in an IDR (especially REPAYE), your servicer probably hasn’t updated your expected payment to reflect the new SAVE program. Make sure you’ve applied or been moved to SAVE, but don’t count on the payment information being accurate (mine isn’t). The expected payment indicated is probably higher than you’ll end up needing - so, if you follow Ben’s advice here, in October you’ll likely have a pleasant surprise and a roomier budget! (Also, be sure to find out if you qualify for public service loan forgiveness- that’s ten years of payments instead of twenty or twenty-five).
There's always gonna be the "Shoulda, coulda, woulda" nonsince but, in the end, your debts must be paid by you instead of waiting for them to be paid by someone else!! That will create more debt!!
I paid off my final student loan debt last week! Specifically, that was $25,000 in student loan debt plus a $10,000 car payment all paid off in 3 years. YNAB helped me stay on top of my expenses so I could prioritize throwing as much income at my debt as possible while still having a comfortable life guilt-free. Thank you thank you, YNAB!
CONGRATULATIONS!!! 🥳 That's amazing!
- Ben M 🎨
Way to go Jessica!!
This may be unintentionally the best intro/overview of YNAB for new or prospective users. Great job!
Wow, thank you! That just made my day. 😊
- Ben M 🎨
Excellent video, per usual. If you were already enrolled in an IDR (especially REPAYE), your servicer probably hasn’t updated your expected payment to reflect the new SAVE program. Make sure you’ve applied or been moved to SAVE, but don’t count on the payment information being accurate (mine isn’t). The expected payment indicated is probably higher than you’ll end up needing - so, if you follow Ben’s advice here, in October you’ll likely have a pleasant surprise and a roomier budget! (Also, be sure to find out if you qualify for public service loan forgiveness- that’s ten years of payments instead of twenty or twenty-five).
Great video. Love the sweater…❤…ignore the haters, Ben. 🌷
the last two minutes of this is especially great, thank you
Love these videos, Ben! Thanks for helping us stay on top of it. Looking forward to the next one.
I lived in Sicily for a season growing up when my father was stationed there in the Navy. We attended no weddings during that season. 😂
Ah yes, the ol' Reverse Sicily... 🔄
- Ben M 🎨
I am looking for that mathy link you mentioned for the SAVE plan. I don't see it in the description, where can I find it?
Hi Rebecca! You can get more information here: studentaid.gov/announcements-events/save-plan
- Ben M 🖌️
Every finance video needs the Wilhelm scream
💯
- Ben M 🎨
Great video, you are going to lose that wedding ring - it’s very loose
There's always gonna be the "Shoulda, coulda, woulda" nonsince but, in the end, your debts must be paid by you instead of waiting for them to be paid by someone else!! That will create more debt!!
Biden's Economy 'CRUSHING' Working Class.... -RFK jr
change your clothes haha
I mean, why mess with perfection? ~BenB
Dead beats finally ..hopefully.. gonna have to pay what they owe