Author: Eric Holland

Laurie’s Debt Story

Today’s Debt Story comes from Laurie from www.thethreeyearexperiment.com How did you get the debt? Mr. ThreeYear and I got married way back in 2004, in Chile (he’s Chilean, I’m American). We moved to the US in October of that year in the hopes that we’d be able to progress further and faster in our careers in America. We moved in with my parents for a few months while we looked for jobs (that was fun!). We were debt free when we moved here and Mr. ThreeYear even bought a car in cash (I had one from college that was...

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How a Ghost cost me $1000

Cue soundtrack If there’s something strange in your neighborhood… Who you gonna call? GHOSTBUSTERS…. Have you ever bought something and soon realized it was a HUGE mistake? You are not alone! As you know I pride myself on being frugal, on researching anything I am going to purchase, and of course finding the best deal. I am one of those odd people who actually enjoy shopping for used cars. There is nothing like having multiple spreadsheets with a cost comparison analysis done when you walk into a dealership and share with them why their car is overpriced. Whenever my...

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Dad Dollars Debt- Debt Story

Today’s Debt Story comes from www.dadsdollardebts.com How did you get the debt? I was quick to spend money in college, but it was in medical school that I took out the largest chunk of debt. I paid for my tuition but then maxed out my loans to enjoy the finer things in life, hot wings and beer…lots of beer. My debt quickly went from the $20k in college to $150k by the end of medical school. Add loan forbearance throughout my training, and 7 years later I am sitting with $180k in school debt.  When I met my wife...

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Working Optional Debt Story

Today’s Debt Story comes from www.workingoptional.com How did you get the debt? The major part of my debt was a bunch of student loans. I had gone back to school for a part-time MBA at a top 15 university. The total tuition was around $80,000 which was almost all financed via a private student loan. Since I was in the country on a work visa, I wasn’t eligible for a cheaper federal loan. A slightly smaller one was the $10,000 car loan that I had taken out to buy a used Toyota – again not preferred but just didn’t have...

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OthalaFehu Debt Story

Today’s Debt Story comes from OthalaFehu from www.othalafehu.com How did you get the debt? I escaped Undergraduate with no debt thanks to the US Government and several jobs on campus, but Law School is a whole different animal. Averaging $20,000/year for 3 years when I went (1997-2000). Plus they don’t want you to work an outside job for at least the first year. I racked up over $100,000 and then I doubled down my marrying my wife, who was a year ahead of me in law school, we left with over $220,000 in non-dischargeable debt. What made you want...

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First Dollar Earned

Meet High Five Dad

My name is Eric (AKA High Five Dad). That’s my beautiful better half Michelle and my little guy Sawyer. I started to blog to share adventures in being a dad. Read more…