My Money Stories
It's Never Too Late to Tackle Debt and Build Wealth
I've learned to be more focused on the long term, and appreciate savings and investing, more than getting the instant gratification of spending money on nonessentials.
How Snowball Wealth Motivated Me to Start My Financial Journey
I started taking my finances seriously about two years ago when Snowball Wealth opened its beta program. Since then, I have paid off my credit card debt and am on my way towards building generational wealth.
Buying a Home in Colombia -- Part 1
International real estate. As a first-generation American with zero generational wealth, those three words are incredibly daunting. Owning real estate in general is something I had absolutely no idea about before this journey.
Learn How This Millennial Went From Emotional Spender to Homeowner
I grew up with a single mother who was always in debt and worried about finances, so I didn’t know how to manage my money for a while. I’m still learning how to manage my money, but I am proud of the progress I’ve made so far.
How I lived Frugally to Pay off $30K in Student Loans in Two Years
With a combination of living at home, aggressively paying off my debt, and a positive money mindset, I paid off all of my student loans in about two years.
$160K in MBA Debt and How I’m Managing It
I had to figure out the loan journey myself, and didn’t know anyone from a similar background to me who I could ask about how they financed their business school journey. So, I hope to help those on their debt-free journey.
Living with Family to Pay Debt, Save Money and Buy a Home - My Money Story
My biggest struggle right now is making sure I'm saving and learning about my own future retirement while working towards helping my parents become homeowners.
How This Millennial Paid Off $120,000 in Student Loans While Making Under 6 Figures
I would say rent is one of the most significant expenses, so really spend extra time looking for a relatively cheaper apartment if you’re planning on moving.
Going from Negative to Positive Net Worth - My Money Story
“We have our diploma, but we’re all going back to live in our childhood bedroom, unemployed, with no job prospects.” It was a daunting time for us college graduates then, much like it’s a daunting time for people looking for work today.
How I’m Prioritizing My Goals While Supporting My Parents
I'm figuring out how to help them retire while figuring out my financial literacy because I also don't know how to prepare myself for this. I tell my parents they aren’t taking anything away from me; they’re making me start early for myself.
Building Generational Wealth While Supporting Family
I think culture does play a role in me wanting to be the backbone of the family, at least for me; being Dominican means you're expected to take care of your parents once they’re older. I think it’s a big burden to carry, and they recognize it since they did it for their parents.
My Money Story: How I’m Handling $100K in Student Loans
I took out a $20,000 loan my first year and by the time I graduated it was $40,000 since the interest was accruing while I was in school.
My Money Story: Paying off $200,000 in Student Loans in New York
Paying off debt is an accomplishment, not something to be ashamed about... It’s important to balance being frugal with rewarding yourself.