Maybe the takeaway from Erika Kullberg's story is this: Continue living like a student long after you are no longer a student.
BusinessInsider reports on Kullberg's ability to pay off $225,526 in student loan debt in 23 months. Her goal after graduating Georgetown Law School was to launch her own company. An interim stop was to work in a corporate law job which paid well.
By embracing the radical frugality of her student days she had been able to pay $9,000 a month or 80% of her monthly paycheck on her loans. That included using credit card points for travel and brown-bagging it for lunch.
In addition, she made it her business to learn about the loans. She invested 60 hours researching that bit of personal finance on the internet. Then she refinanced.
Currently she operates her startup Plug and Law. It provides legal protection for websites, blogs, and other digital platforms.
In addition, she has created a YouTube channel to tutor others about personal finance.
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