How We Paid Off $33,000 in Student Loan Debt!

paid off student loans

How We Paid Off $33,000 in Student Loans

My next story is how Holly at MrsSavvySaver and her husband paid off $33,000 in student loans. Student loans are the next bubble that is about to burst and many people don’t see a way out. There is a way and just requires a plan and changing our mindset as a society and as individuals. We were able to pay off $25,000 in student loans in 10 months and a total of $45,000 in debt in 17 months. It is possible!

It all starts with a BUDGET! To get your free budget worksheet, click to sign up!

This post may contain affiliate links. For more information see my disclosure policy


paid off student loans

Quick intro, age, family demographics, career, income if comfortable sharing, anything unique about yourself.

Thank you so much for giving me the opportunity to share here! I’m just a simple girl who grew up on a dairy farm. I married my high school sweetheart and have rainbow baby boy and a new little girl. I worked outside the home for 9 years before being able to proudly wear the title SAHW but 4 years later I was finally able to be a SAHM.

This required me to be extremely frugal with our money and still live a comfortable life. I have extravagant taste but I’m always looking for the best deal possible all while living on one income. It has turned into more of a game to see what good prices I can get on everything in my life.

How much debt did you have when you started your debt-free journey? How much have you paid off?

We have paid off $33000 worth of school debt and are completely free from school loans! This began when we were married. My husband was in college when we tied the knot and we began paying off his school bill each semester after we were married. Loans were deferred of course but we didn’t incur any more loans after we were married.

Did you do anything extreme to pay off debt?

I think the only extreme thing we did was to house sit for a family. Not everyone has this opportunity but it was great for us. We house sat a 4 bedroom, former Bed and Breakfast in the gorgeous Finger Lakes area of NY. It also made me realize after I had to call my husband on his cellphone to FIND him in the huge house that I never wanted a home that large for myself!!

What kind of comments did you get from others while paying off debt?

We really didn’t talk about it much, it was just something we were working on.

Do you still have a mortgage?

We do. We just bought our first house 3 years ago so we do want to take down that monster now.

Do you follow Dave Ramsey and if so, why and how long?

I have read his book but I actually grew up listening to Larry Burkett on the radio and so as a teenager I knew about debt, credit cards and budgets. I have been on my own budget since I was 15 so I’m a little crazy about where every penny goes.

Have you ever bought a brand new car? If so, would you again?

No, I just can not see the reason to pay $30,000 to $50000 for a vehicle and drive off the lot only to have it lose 20% of it’s value in the first year. That is a lot of money! “ A penny saved…”  It just doesn’t make sense to me so we have always bought good used cars.

Related Posts

How One Couple Paid Off $130,000 in 2 years!

How One Couple Paid Off $70,000 in 12 Months!

What can you do now that you couldn’t when you had debt?

I love the freedom we have to make big decisions that are right for our family without being held back by large school payments or other debts.

What are your current financial goals?

Our goal is to knock out our mortgage next and be completely debt free. Only 12% of American’s are completely debt free but I want to be in the 12%!!!

What piece of advice would you give someone who is currently in debt and/or working to pay it off?

1} Don’t be afraid to go crazy on your debt! Eliminate it like a bag of York Peppermint Patty’s! {Yes, my guilty pleasure it is!}

2} Start a budget today! Figure out a way to know your budget figures! I personally use the modern app/program You Need A Budget. I just look at my app, see what I have to spend or not spend in a category and make intelligent decisions regarding my finances. This is HUGE if you want to pay off debt of any kind.

3} See if you can double your debt repayments. Use some calculators online to see how long that will take and then mark your calendar. If you set a goal it will be easier to apply extra money to that goal.

Anything else you want to share to inspire others to be “weird”?

I just would encourage every lady reading this to take charge of your finance picture. Right now you are giving away hard-earned dollars to someone else! Pay your debt of as quickly as possible so that money can be yours!!

Then dream big! What would life look like with $1000 or $2000 extra money a month. Begin creating your reality by steps you make today.

Why did you want to become debt-free? What start the journey for you? Any books you recommend? How did you stay motivated? Anything else you think is important for your journey that you want to share?

I’ve seen over and over in others lives the strain and pain that debt can bring. It effects relationships first and foremost which motivates me to live within our means and out of debt.

My advice would be to read Suze Orman’s book Women and Money. There are also great Podcast’s and of course this blog right here! Just keep learning more and more about money and budgeting. Knowledge is power!

You can follow Holly on Facebook, Twitter and Pinterest!

paid off student loans

If you would like to share your story, email me at






12 comments on “How We Paid Off $33,000 in Student Loan Debt!

  1. I’ve been checking out posts like this left and right since I just graduated. I’ve got about 5 months left to figure out a plan for tackling my loans and I am NOT looking forward to it. However, reading success stories like this helps a lot.

  2. I love reading debt free stories, they are so inspirational as we try to tackle our huge 147,000.00 debt monster. Sometimes it can feel impossible, but reading others success stories keeps me going!

  3. Thanks for sharing. This is very inspirational. For someone like me with high student loan debt it will definitely be more difficult, but I’ve applied to income based repayment programs, while I pay my other debts off.

  4. Thanks for this useful information! In my profession I see way too many people putting off their budget and wonder why they find themselves in difficult situations. I think it’s great you’ve offered a budget worksheet to allow everyone to take the leap! I know I also need reminders, too!

Leave a Reply