So in the midst of all my recent and massive life changes, I had a small nervous breakdown aha moment about my debt. As in, I realized that at 26 years old, I have a ridiculously irresponsible amount of both consumer and educational debt that’s not going away any time soon. (My last student loan payment is currently scheduled for October 2032!) As of September 1, 2011, my total debt load looks a little like this:
$44,000–Consolidated student loans from undergrad and grad school (private, with a variable interest rate, of course)
$9,800–Car loan
$3,300–AmEx #1
$900–AmEx #2
$4,600–Visa
$2,000–loan from Mom
$1,000–loan from Dad
$900–CareCredit (medical financing)
$250–Macy’s card
$0–Best Buy card
$0–QVC card
Which brings us to a grand total $66,750 of debt. Holy crap.
Adding it all up made me a little sick, to be honest with you. But you have to start somewhere, right?
