Disclaimer: This story is from 2017 but it made me laugh in 2020
Rich people really will do anything to convince themselves they worked for it. Even people like Bezos and Bill Gates with their parents' loans.
How one 31-year-old paid off $220,000 in student loans in 3 years
By making sacrifices and finding creative ways to generate side income, Ebony Horton was able to put $10,000 a month toward her student loans.
www.businessinsider.com
Back home in Joliet, Illinois, Horton took a job as an operations manager at the nonprofit her mother runs.
Horton and her boyfriend tied the knot soon after the move. Horton's mother gave the couple a condo that she had purchased at an auction for $13,000 as a wedding gift.
Horton and her husband lived in the condo for three months, but then they decided to move in with her grandparents down the street and started renting out the condo to bring in extra income.
Horton's husband had the idea of buying another rental unit to increase their cash flow even more. Though Horton was reluctant at first, she eventually agreed. They ponied up all the cash they could muster for a $42,000 two-unit condo to rent out, allowing Horton to rake in more money to put toward her loans.
The strategy worked so well that the couple ended up purchasing another $55,000 unit shortly thereafter
All told, Horton said she and her husband were putting 95% of their combined income toward Horton's student loans, making payments of roughly $10,000 a month.
"I just want them to feel empowered that they can pay if off. If I can do it, anybody can."
Rich people really will do anything to convince themselves they worked for it. Even people like Bezos and Bill Gates with their parents' loans.