Most people take a stab at spend less.
So many financial books and blogs (even mine) focus oncutting your expenses.
But the biggest thing I realized while paying off my debt was thatspending less wasnt enough.
Thats when the amount of money you could save becomes less valuable than what youre buying with it.
But paying off my student loans in nine years versus 10 wasnt enough.
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Due to my schedule, a part-time job was out of the question.
I decided to start putting any extra money toward my loans.
If I had afreelance gig, I put all that money toward my loans.
If I got a hefty tax refund, I put that toward my loans.
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I added my new savings toward my loans and suddenly I was more than doubling my monthly payment.
We chose a cheap duplex, and my rent only cost 14% of my take-home pay.
you’ve got the option to probably guess where I put the rest of my money.
While I was paying off my loans, I also found other ways to save.
I know people who live on six figures and feel broke.
Even though I still have yet to make much more than $30,000, I dont feel poor.
I can buy everything I need and most things that I want.
I use credit card bonuses to buy flights at a discount, and I stay atAirbnbto save money.
So I skip those.
Disclosure: We have a serious Taco Bell addiction around here.
The affiliate links in this post help us order off the dollar menu.
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She has been featured in DailyWorth, LifeHacker and Time.