Here’s how this young couple paid off $162,000 of debt in 3 years — and paid for their wedding at the same time

28752757_395931754213111_7055953315330260992_nHeron Abegaze/Instagram

  • Soon after her 26th birthday, Heron Abegaze had what she calls a “quarter-life crisis” when she realized how much interest was accumulating on her student debt.
  • Abegaze convinced her boyfriend that they should stop making only minimum payments and instead make paying off both of their debt a priority.
  • Less than three years later they had paid off their combined debt of nearly $ 162,000.

Earlier this month, Heron Abegaze (29) and Elijah Bankole (30), put a new spin on “couple goals” after Abegaze’s Instagram post about paying off their debt went viral. After three years of saving like it’s an Olympic sport, the Twin Cities duo wiped out nearly $ 162,000 of credit card debt, car loans, and student loan payments, in what seems like record time — a feat impressive enough to earn Abegaze a Boomerang happy dance.

“Throwing thousands of dollars a month at debt, declining invites from friends and family, driving a mediocre car, and some of the other sacrifices we had to make took a bit of getting use to,” Abegaze shared in her post. “However, it was worth every sacrifice to watch what was once a dream of being debt-free become a reality.”

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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