When we first got the payment plan for my student loans, they wanted us to make monthly payments for the NEXT 20 YEARS.
No thank you.
We chose to make up our own payment plan (basically it's the "pay off as soon as you can with as much money as you can afford") and avoid the extra $2000 that the 20 year plan would have cost us. After a short 116 days, all my student loans are PAID OFF!!!!!!!!!
It feels so nice to know that all the money I make from here on out I get to keep to myself (ourself). It is semi-depressing to think about the money that could be in our bank account and how it would be SO nice to have it right now when I'm craving a vacation out of Provo.
But, I finished school with it. (And as such, haven't really gone anywhere with my degree......) And now, we are free! It is a strange feeling to have paid it off. No more guilt in splurging on something for yourself and realizing that if you have money like this, you probably should put it towards paying off what you owe. It is strange to not feel that looming at the back of your mind (or at the front, if you are figuring out your bank account and always subtracting what you owe from what you have. Getting rid of that negative sign feels great).
So, I think to celebrate we will go out for dinner tonight. But since we just used up tons of our savings to pay off the rest all at once, we will definitely be using a giftcard! :)
Red Robin, anyone?
