Sorry for the disappearing act folks. That was completely unintentional on my part. About two weeks ago, I got slammed with work β€” I edited a short book, had several rad coaching sessions with awesome students, and kept writing and writing, except it was all for clients. On top of all that, I’m planning A LOT behind-the-scenes for FinCon and an upcoming blog tour.

It’s all fun and good stuff and it still feels weird that this is my life. I’m really bummed though that I neglected my baby, Dear Debt. I do feel the most at “home” here and want to give it the love it deserves.

I want to make sure I’m staying true to the point here and keeping myself accountable to paying off debt and inspiring others to do the same. The irony is that the money that pays off that debt comes from clients and not this site β€” but I still need to treat this as my number one client and keep it all in perspective.

Anyway, I wanted to share a little about what’s going on and also share my new debt repayment numbers!

This month was not as impressive as last month, but still more than my original goal. As I mentioned before though, I got some one-off payments that hit last month, which I knew weren’t coming in this month. But after all is said and done, I was still able to put $2,500 to debt! I’m particularly excited about this update as I got rid of my last 7.9 percent interest PLUS loan!

That interest rate was killer and now I’m dealing with those pesky 6.8 percent loans and a few thousand at 2.3 percent for my undergraduate loans.

Undergraduate loans: $5,043.27
Graduate loans: $15,979.91
Total: $21,023.18

I’ve paid off $36,000 in debt since January 2013 when I started this blog. I am so freaking close to being under 20k! I am so ready for this to be done. For the first time in my life, I can see the light at the end of the tunnel. Debt is no longer something that I will have “forever” but something that I will say, sooner rather than later, that I’ve overcome. It will be such a sweet payoff. I know some people say getting out of debt is anti-climactic, but I really don’t think that will be the case for me. I think I will cry and scream β€” and my dream is to host a debt payoff party. Hey, I can dream and plan πŸ™‚

What’s new with you? What are you looking forward to?


Melanie is a freelance writer currently living in Portland, Oregon. She is passionate about education, financial literacy, and empowering people to take control of their finances. She writes about breaking up with debt, freelancing, and side hustle adventures at

Currently she puts more than 50% of her income towards debt, while living a frugal, fun life. In addition to her love of personal finance, art and music, she is also a karaoke master. Follow the adventure @DearDebtBlog.

Latest posts by Melanie (see all)

30 responses to “Life and Debt Update: August 2015”

  1. Awesome! You are so far past the 50% mark — it’s alllll downhill from here. I’m glad your work’s been so heavy because it’s all in the direction of improving your life!
    C@thesingledollar recently posted…Was Playing the Balance Transfer Game Dumb?My Profile

  2. Michelle says:

    Congrats on everything that is going on and congrats on putting $2,500 towards your debt. You’ll be there in no time!
    Michelle recently posted…Why Would A Person Choose To Live A Frugal Life?My Profile

  3. I always get sad when my favorite bloggers aren’t around as much because they are writing for other sites, but I totally get why though, and it’s so amazing you are able to put so much towards debt. Last stretch! See you at Fincon!
    Tonya@Budget and the Beach recently posted…Stuck in Limbo: The Internal Debate Over Living In Los AngelesMy Profile

    • Melanie says:

      I hate it too πŸ™ I don’t want to be that person and will try to avoid doing so. I just felt like I couldn’t even catch a breath of fresh air! It’s good, but I’m ready to rest, too πŸ™‚

  4. Amazing progress – congrats! I’m looking forward to getting my budget back on track this month after a rocky summer. Of course the recent market correction isn’t helping it move in the right direction!

  5. Kirsten says:

    The struggle to keep one’s own site up and running while writing on a similar theme for other, paying clients IS REAL.

    I barely have any paying gigs but most days I just want to stop thinking about money πŸ˜‰ And most days I want to hide my head in the sand about how close FinCon is and how woefully underprepared I am.
    Kirsten recently posted…I Bought My Daughter a “Frozen” Backpack – And I’m Fine With ItMy Profile

  6. Congrats my friend!! At this rate, in two months you will be completely done with your undergrad loans for good! You are an inspiration. I know you are hustling your butt off and I’m glad you are getting the results you deserve!
    Shannon @ Financially Blonde recently posted…Music Mondays – These DreamsMy Profile

  7. You are so close, Melanie! I can’t wait for them to be gone for you. It’s going to be here in no time. I’ll also be putting $5k on my loans this month to bring my total from $130k to $125k. Slowly but surely this mess is going to get cleaned up!
    Natalie @ Financegirl recently posted…4 Credit Traps You Should Always AvoidMy Profile

  8. Michelle says:

    Melanie, just think-by the time I see you, you will be below the $20,000 mark!!! Am so proud of you. Freaking Rock Star
    Michelle recently posted…The Importance of Facebook Group Pages in a Side Hustler’s LifeMy Profile

  9. Congrats on being so close to <20k. That is exciting!!! πŸ™‚
    Kara @ The Daily Whisk recently posted…Sunshine Blogger AwardMy Profile

  10. Ginger says:

    Congratulations on putting $2,500 to debt this month, girl! Your rock!
    Ginger recently posted…Why Are Women Dating Less Attractive Men? (Spoiler: It’s Not for Money)My Profile

  11. Petra says:

    Awesome! Could we come to that party in, say… May 2016? That’s soooo close! Keep going!

  12. Congrats! I’m really looking forward to FinCon right now and I just got a new gig that will put me over the top of what I wanted to earn each month. Yahoo!
    Kayla @ Shoeaholicnomore recently posted…10 Ways to Get Yourself Out of a Funky MoodMy Profile

  13. Ema Matts says:

    Whenever I have any doubt on debt, my first priority is your blog. I am damm sure that I will definitely get a answer to my doubt.

  14. You have done amazing work so far, and you are now so close!!! Keep going, I know that you can and WILL do it!
    Elle @ New Graduate Finance recently posted…What is in a dollar?My Profile

  15. Even Steven says:

    You must have the best accountability partner in the entire world, I’m sure none of this could be done without them.
    Even Steven recently posted…Sunshine Blogger Labor Day SpecialMy Profile

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