Just wanted to come on here quickly and say that due to a generous and surprise Christmas bonus from my boss I was able to achieve my goal of paying off three student loans in 2013! I'm really proud of my self control and am happy that I was able to make that much progress.
This year I plan on paying $1,000 each month towards my federal loans. I currently have a balance of $16,900 left for my federal loans. If I maintain my goal of $1,000 a month then I will have paid off $12,000 by the end of the year which to me seems like an incredible sum. I'll only have $4,000 or so remaining then on federal loans and provided I continue to pay minimums or slightly above minimum on Sallie Mae I'll have about 20,000 left on them by the end of the year. I'm really adamant about paying off my loans because I think my husband and I are starting to think about children. At the beginning of the marriage we had agreed that I would be a stay at home mother and so I probably won't be working after I have children. I want to pay off as much of my loans as possible before that happens because I feel like my education=my loans=my responsibility.
I know a lot of people say stay at home mom? But my husband is military and in his branch frequent deployments are a very big possibility and we don't have any family nearby....so yeah. Although to be completely honest- military or not- that is how he was raised and that is what he (and I)wants for our children. Provided we have the means to do this- I am ok with it. It goes against everything I learned in my feminist, all girls high school- but hey- high school was a long time ago. :P
You have to do what's right for you. Forget about what others think. I don't think I could be a stay at home mom but I would certainly love to have the option. Getting rid of the debt gives everyone more options. Congrats on the debt pay down. Best wishes for the rest of your goals. You can do it!
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