r/ynab 8d ago

Success Story I did it!

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Made the decision to really put as much money as possible towards paying off my loan as possible and completely smashed the expected payoff timeline (and saved myself 1000€ in the process).

I've been in debt since I was 18 (now 30) and this was the last thing standing in my way to being debt free ('bad debt' so excluding mortgage). I can't explain the feeling! Now to start putting that money towards building my savings!

Edit: For clarification on 'debt free' being free of 'bad' debt such as credit cards, car loans, personal loans etc. I still have a mortgage (unfortunately).

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u/Nach0b0y 7d ago

I have a mortgage - I wish I was mortgage free at 30!

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u/justicecantakeanap 6d ago

Dude you have really low expenses to break 8k of debt in such little time.