This is a fantastic story of how one couple, with some great perseverance, paid off their debt and got rolling. Absolutely worth the read!
Source: How Millennial Newlyweds Paid Off $100K Debt
Financial professionals might balk at their methods, but this is how one Millennial couple dealt with their debt.
“They’d racked up student loans. And then some credit card debt from professional licensing exams, plus a celebratory post-doctorate cruise. And one day, newlyweds Andrew and Veronica Kaslewicz of Pittsburgh, now both 28, found themselves saddled with more than $100,000 in debt and no good way to pay it off.”
They got mad, and then they got smart and started saving
One day Andrew’s uncle, an antiques dealer, explained to him that gold and silver were also money. “That was the spark that ignited Andrew’s money passion, a simple realization that money could be obtained by other means than working for someone else ,” Veronica said, “It sounds simple, but working for someone else was all we knew at the time.”
Andrew read everything he could about money and how it works. “He began getting angry at how the financial system worked against us, encouraging lending and spending to keep people in debt, and decided that he wanted out. He wanted freedom. I was kind of just along for the ride at first, then I became just as passionate as him,” Veronica said.
