Dude Pays Off Lots of Debt Pretty Quickly

Joe Mihalic paid off off $91,000 in school loan debt in seven months. $22,000 came from liquidating stocks and his IRA (or, SILVER BULLETS), but the rest came from taking on extra jobs, renting rooms in his house, selling his stuff, and cutting his spending down to only the necessities.┬áThis makes sense and sounds promising, except: “Necessity” is a very broad term, and I tend to be generous in my definition of it. Also: He had a Harvard MBA and was making six figures. So there’s that! Not totally applicable or copy-able for all of us! But it’s his personal journey. Epic.



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