Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

1
Posts
1
Votes
Chandler Drollinger
  • Reeds, MO
1
Votes |
1
Posts

Paying off all of my debt before starting.

Chandler Drollinger
  • Reeds, MO
Posted

I found myself listening to the bigger money podcast not to long ago, and decided that I want to start on a journey to being financially independent. At this moment I am just over 22k in debt. I bought a car at 19, had to put a new engine in my truck, and the student loans I had for my first year of college I attended are what make up my debt right now. I hustle at work and take all the overtime I can until I hit our cap each week. I put 10% of my check towards my Roth 401k, 5% towards discounted stocks through work, and deduct $200 from my check to put directly into my savings each week. With all of that being said I have mapped out over the next 10 months my finances if I keep up with what I’m doing and I will be completely debt free by the end of November 2019. I still live at home and will for one more year after I become debt free to save for my first home!