Hey everyone! We have a killer dear debt letter from Jen. Jen is an HR/Finance professional and frugal lifestyle blogger. Jen and her husband are working on a crazy goal of paying off $117,000 of student loan debt in just 3 years. She writes about healthy eating on a budget, destroying debt, and living frugally on her blog Frugal Millennial.
I met you when I was just 18. I thought I needed you. I knew you were bad for me, but I didn’t think I could live without you. I didn’t really understand how you would affect my life. I should have known better.
When I was 22, I decided I needed you even more and I decided to go to graduate school. I finished graduate school with $75,000 of student loan debt. I struggled to find a decent job and eventually settled for a temp job that paid half of what I had expected to earn.
I needed a break from you, so I tried to ignore you for six months. When my grace period ended, I was forced to face you. I realized then that my monthly payments would be nearly as high as a mortgage. I became anxious and depressed. I worried about you constantly. You ruined my life.
You are the reason why my husband and I do not own a home, have not started a family, and haven’t saved any money for retirement yet. You stole my dream of living a better life than my parents had.
But you will not win. I am no longer confused by you or overwhelmed by your tactics. I know how you operate, and I know how to beat you. I will not tolerate you for the next ten years.
In three years, I will break up with you and I will never see you again.
My husband and I are living with my parents to save money, side hustling like crazy, and living an extremely frugal lifestyle. The sacrifices we make are difficult, but it is worth it to get rid of you.
I cannot wait until the day when I will never have to see you again.