LAWYER EXPLAINS | How I paid off $200k+ of student loans in 2 years
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I graduated from law school with over $200,000 in student loans. This video details exactly how I paid them off in under 2 years (exact numbers!) and my tips for how you can pay of your student loans faster.
Remember that refinancing your student loans isn’t always the best option, since you will lose many federal loan protections, so please research first before making a decision.
I graduated from law school with over $200,000 in student loans. I wanted to give you the strategies I used to pay off the student loans faster, save interest, negotiate down interest rates, and budget and keep track of expenses. In this video I also talk about refinancing student loans, why I chose to refinance mine, and how I saved money by refinancing.
The biggest thing to keep in mind is to actually set a payoff date. My other student loan video, which you can watch by clicking the link below, talks more about the process for setting a payoff date.
HOW I PAID OFF MY STUDENT LOANS IN 4 STEPS: • How I Paid Off $225,52...
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NOTE: This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).
Disclaimer: I am not a financial advisor. Although I am a lawyer by profession, I am not your lawyer and no attorney-client relationship is established with you in any way. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial or legal advice.
Пікірлер: 681
You're a legend!!! Most people wouldn't even negotiate ONCE! This video will put so much money back in people's pockets, I think it was worth the sponsorship lol
@Erika2
4 жыл бұрын
Thank you Q!!! :) You're the legend!
Please help this video out and give it a thumbs up! :) Can we get to 100 likes? THANK YOU! Refinance Your Student Loans - APPLY TO BOTH to compare rates! 🎓 SoFi - (Exclusive) erikakullberg.com/sofi (you'll get a $100 bonus after signing up by using my link!) 🎓 Earnest - (Exclusive) erikakullberg.com/earnest (you'll get a $100 bonus after signing up by using my link!) Others refinancing options: Credible: www.pubtrack.co/9BZP33C/8CWLMG/ Splash Financial: www.pubtrack.co/9BZP33C/B34MN4/
@tylermichaelherron5635
4 жыл бұрын
How do you keep refinancing your variable rates? If rates are going up, wouldn't your new rate be at least comparable to the old one?
@Erika2
4 жыл бұрын
@@tylermichaelherron5635 By the time the rates had gone up, I'd paid off more of the loan, hence the lower new rate each time :)
@isteppedinstinkydogdoodoo183
4 жыл бұрын
👍
congrats on getting your student loans , and everything else, positive going on in the future, enjoying watching your videos daily whenever possible
Yes. I gladly watched the whole thing and I appreciate the time you took to go through the whole process. Thank you!
Thank you for sharing your journey. This is so motivating. I can see myself doing a few of the tips you recommended.
You're humble and relatable that's why your channel grow fast
200K wow mine were 20K and I'm still paying them! Thats such a great idea to get the two lenders to compete!
@Erika2
4 жыл бұрын
Keep it up! :)
@holy48ghost
4 жыл бұрын
Very good info...James, in in forbearance for the same amount🤪and thought about putting it off for 15 years, just to be wiped out🤷🏾♀️
I'm so happy I came across your channel! Financial freedom can be intimidating, especially with student loans. But with your tips and encouragement, the light at the end of the tunnel gets brighter! Thank you!
Your plan and it’s execution we’re genius! Most people don’t even know that you can always request an amortization table from your lender as well on most any loan. Keep up the good work!
Love your negotiations! Inspiring.
Thank you so much for breaking this down! for being honest and real about your thought process. I'm a Dr and have been living with my loans for over a decade, just 'going along with it'. Having mom and dad pay for everything and then one day having to pay hundreds by myself, wasn't something I quickly grasped. And now years later there's more life responsibilities and so paying them is like a routine daily chore, not something to tackle. So I'm getting very inspired to change my way of thinking so I can finally be free of this debt. Thank you so much :)))
@Erika2
4 жыл бұрын
You can do it!!
loved all of your tips, thanks so much for sharing!!
Amazing! thanks for sharing the negotiation tips!
I am considering loans for grad school right now, and this is really helping me plan ahead for post-graduation budgeting. Thank you!!
Love the comprehensive information!
You deserved that job and anything else your heart desires💖 including your upcoming sponsorship(s) 😉. Thank you for breaking down the decisions you had to make in this process.
@Erika2
4 жыл бұрын
Thank you Shari! This is so nice of you to say!
@FlamingBasketballClub
4 жыл бұрын
Is your channel about “financial wealth?”
So happy to have found your channel! 🙏🏻
Awesome! Really appreciate the level of transparency in your videos.
Wish I saw your videos 30-years ago, but better late than never. Thank you. KZread format has been wonderful for knowledge.
Thanks for enlightening us!!!
TY for your transparency. I wish I had known this 10 years ago!
@Erika2
4 жыл бұрын
Thank you!!
Impressed and inspired! I'm glad I stumbled upon your channel. Congats and keep it coming. The prime and valuable content that is.
@Erika2
4 жыл бұрын
Thank you!! I appreciate it!
I came across your channels a few hours ago actually because I’m in the process of trying to figure out how I’m going to go about paying off my students. And the information you gave was very informational and I look forward to taking everything you said into consideration. Thank you so much! 😁 and congratulations on paying off your student loans!
Thank you, for this valuable info!
Great information! Thank you!!
This was very helpful! Thank you for sharing your tips!
Really motivates me. Thanks for sharing.
I'm taking notes and going forward with a 1 yr goal. Thanks for the great tips
This was so helpful! Thanks!
Definitely worth the sponsorship :) hope many people on YT are going to see your video!
Great inspiration. Thank you, Erica.
Thank you so much for the tips!
Thank you so much for the negotiate lesson, never imagine this would be something possibly to do!
Useful information. Thank you.
So many great tips Erika! Thank you.
Great job (and tips)! Love the charts, income streams and mission statement
Thanks for the tips!
This video inspired me with hope for my daughter! I LOVE Erika's videos - I always learn something new! And she is so down-to-earth, smiley, and happy! (Love her airline videos!)
Thanks for the tips.
Thanks for sharing! Love your videos ❤️
Thank you! Great insights!
This is so helpful, thank you so much!
Hi Erika! Thanks for sharing your journey.
@Erika2
4 жыл бұрын
Hey! It's been a while! Thank you!
Thank you for the tips!
Thanks for the great tips!!
I love the tips! Thanks for sharing.
@Erika2
4 жыл бұрын
Thank you for watching Chong! :)
Thank you so much! I've been searching for a video just like this one.
Wonderful and very insightful video! Thank you.
Definitely trying this!
Hey erika, congratulations on paying off your loan, it is such a blessing to hear your achievements! This video has really encouraged me a lot because I also just graduated and now have to tackle my loans of around $50,000. Thank you for what you do! Many of us appreciate it here! I hope all is well with you!
@rebeccareardon3775
Жыл бұрын
me too michael, we got this!
You are pure motivation yourself! I fortunately don't have to pay back that much of a student loan, since in my country, going to college ist more or less sponsored.... anyways, I watched your video until the end cause you made it so interesting and fun to watch! Your long research was obviously worth it and turned into that amazing video! THANK YOU!!!
This is so worth the watch everyone! Short term sacrifices for long term freedom thanks Erika!
@Erika2
4 жыл бұрын
Thank you for saying that Austin! :). Totally agreed. You said it so well! Short term sacrifices for long term freedom. Love that!
Wonderful video! Thank you for sharing!
Thanks for the info!
Thanks for the great advice
Thanks for sharing your experience
Awesome tips. Thank you.
Love your background! I commented on your 8000-20,000 sub post in Video Makers group. Awesome work!
@Erika2
4 жыл бұрын
Thanks Stephan!
Love this video! Learned quite a bit- thank you for the great tips.
Great tips!! And congratulations, that's an amazing accomplishment! Kudos to your commitment and drive!
so helpful! i learned a lot of things that i didn’t know before
Thank you!! More tips!
Great info! Thanks
Great video! Thank you for sharing.
Great job!
I just watching your videos and they are informative and fun to watch. I wish you all the best!!!
Thank you for the great tips!!
Thank you so much for this info
Very inspiring. Thank you for sharing.
Nice work. Excellent walk-through and good detail. Very actionable! Keep up the great work.
@Erika2
4 жыл бұрын
Thank you so much!
Can't wait to try some of your tips
Thanks and I hope you still get a sponsor. Thanks for being sooooooo transparent
Great tips! Thanks for sharing!
@Erika2
4 жыл бұрын
Thank you for watching!
Great video, thank you
Imagine if both of them saw this video and compete to sponsor your video 😂
Great tips! Thank tou
Thanks for the inspiration! Going to work towards paying off my crazy expensive student loan as well.
These are such great tips girl!
Great, thank you!
Bravo! Thank you for sharing. I hope it inspires a lot of people.
Thank you so much for this! I really appreciate it
Amazingly helpful!
💕 thanks for the info
Thanks Erika!! You are a awesome negotiator!!
Great vid, nice breakdown on everything
Terrific video - so helpful!!
Yes!! Starting this month.
Inspirational! Keep up the great work and content
Great video thank you!!
Nice! Very informative, encouraging, and inspirational! Thank you much for sharing!
@Erika2
4 жыл бұрын
Thank you for watching!
Very informative and inspirational! I am utilizing some of your tips to pay off CC debt 🙌🏻
Great advice and very informative! 👍👍
Your negotiation tips are genius!
@Erika2
4 жыл бұрын
Thank you Rosie!
Amazing. Super helpful tips!
Wow thanks for the tips!
This is GREAT advice! Thank you so much, Erika!
Love your content. Thank you so much for this helpful info.
What an amazing accomplishment!!! Appreciate you sharing.
im going into law school and I wanted to know what I was getting myself into. This video really helped and gave me a lot of hope.
So helpful! Thank you from a fellow CA lawyer!