NT....I'd like to share with you one of the best feelings ever.

crimsoncloudattire

crimsoncloudattire

708
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Joined
Jun 29, 2007
Being Debt Free  
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....As soon as this clears, I'll have no more debt.  It took almost 5 years after finishing school, but its finally done.
Thank goodness.  Because nothing is worse than feeling like there's a huge cloud over your head.  

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41k?
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good stuff OP 
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im in debt about 5 racks and im feeling like i'll never finish paying it off 
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I'm going to be at ~100K and that's with scholarships. I plan to live very frugally for a few years after residency and pay that %%% off quick
 
Originally Posted by youngdoc

I'm going to be at ~100K and that's with scholarships. I plan to live very frugally for a few years after residency and pay that %%% off quick
Click to expand...

If you are gonna be an M.D., then you are still in pretty good position.  You're annual salary / total debt ratio should still be way over 1.
 
Originally Posted by CrimsonCloudAttire

Originally Posted by youngdoc

I'm going to be at ~100K and that's with scholarships. I plan to live very frugally for a few years after residency and pay that %%% off quick
Click to expand...

If you are gonna be an M.D., then you are still in pretty good position.  You're annual salary / total debt ratio should still be way over 1.
Click to expand...
It will be post-residency but over the next 5-6 years it will be ~0.5 which sucks.
 
high five OP!

Damn what a great feeling! I been living debt free for a little over a year now. I still remember the day i logged into my student loan account and made that lump sum payoff (feelsgoodman). how did i celebrate? took the wife out to a nice $250 meal and put it on the AMEX of course.
 
wow

i knew was this thread was about before i clicked it

ill be debt free by this Dec, prolly the first time in my life since i turned 18 i believe, an i got my own spot now too. 2011 has been a great year for me financially

congrats to you OP
ill prolly mess it all up with a 2013 whip though 
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No debt because school is free in Finland. That's gotta feel much better then paying debt and then being debt free.
 
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