What I learned from paying off my student loans in one year (part 2)

Michael Benjamin

I paid off my student loans in one year back when I was 23-years-old. I paid off about $32,000 and as you can assume from the title, I wrote a part 1. You can go and check that out on my page. I decided to write a part 2, because that article was one of my more popular articles. I know the value I bring to my clients and people I talk to daily, so I want to help you with more insight about my debt free journey. If you haven’t read part 1, I reiterate: go check out part 1, but let’s get straight to it! I’m going to provide you with additional insights I learned about my debt free journey.

1. Your Belief is a vehicle towards a debt free destination!

One thing I had to work on during my debt free journey was my relationship with money. Part of working on my relationship with money was understanding that my belief was a driving factor for my journey. I encourage you to look at your debt free lifestyle as a location you’re going to arrive at. Mapquest is your plan in order to arrive there. In this scenario, you need a vehicle, because if you walk, you’re basically paying off your student loan debt forever. The vehicle we’re using is your belief.

What you believe is your reality. Furthermore, the person that believes they can accomplish something and the person that believes they cannot accomplish the same thing are both correct. I learned about this during my journey and understood that even if I didn’t feel like I could achieve debt freedom, I would be doing myself a disservice if I didn’t delude myself to an extent that I could in fact accomplish it. Your belief is a vehicle towards a debt free destination. I need you to understand this if you are going to pay off your student loan debt.

There’s no guarantee that there will be forgiveness. I’ve been on record in the past saying that I would hope there would be a student loan forgiveness for student loan debt borrowers. I understand some of my readers disagree, but I understand that perspective as well because at the end of the day, you signed up for it even if you didn’t understand the stipulations associated with what came with that. I say that to say I understand both sides. My job is to help you with your journey, so please work on your belief if you currently have self-limiting beliefs. If you don’t come to terms with that and program your mind to understand that you can and will alleviate your debt, you will not alleviate your debt. Your word creates your world, so speak life into your debt free journey.

2. Execution is Worshiped!

During my journey of paying off my student loan debt quickly, it became apparent to me that execution was something that most people didn’t do. The fact that I paid off my student loans in a timely manner in the way that I did elicited surprised reactions from people when I told them what I did. When I broke it down as simply as just taking daily action and making commitments to myself and sticking to them, I learned that the spirit to execute is an underrated skill.

It takes a special person to do it when they absolutely do not feel like doing it, and my debt free journey solidified that for me. When I would modestly speak about the journey, I noticed a recurring theme of people acting like I saved the world 30,000 times with what I said I did. Some of the simplest actions I thought I took were worshiped heavily. And it was funny because I was thinking that these were things that most people do. Furthermore, it goes to confirm that when you’re good at doing something, you may tend to forget that it might not come as easy for other people. After hearing the consistent reactions of people almost to the extent of overhyping what I thought was simple, I knew that I needed to place a focus of my financial coaching towards helping individuals embrace the spirit of execution. When you can execute as fast as humanly possible, and do it consistently, debt freedom isn’t the only thing that you’ll be stacking on your financial plate!

Closing Remarks!

Paying off student loan debt is definitely possible and should be a reality in your head for yourself, whether you believe you can do it or not. As you continue along your journey, I encourage you to please remember that your belief is your convenient vehicle to your debt free destination! I don’t know if I will do a part 3 of what I learned, because I definitely have more things I learned about my journey, but I’ll let y’all decide based on the numbers that this article does in comparison to part 1. Additionally, remember to just get 1% better daily to eliminate as much stress as you will experience during this journey. The best thing to understand is to do ONE meaningful thing a day and you will be doing something that most people do NOT do because execution is worshiped!

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I was blessed to pay off my student loans within one year back when I was 23-years-old so my mission is to help you pay off your student loans quickly through taking control of your relationship with money, while helping you with strategies and tips to pay off your debt quickly.


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