It feels like every other day there is some story about epic debt-repayment. These stories usually start with “See how so and so paid off $100,000 in 4 months.” While those stories are great…I would argue that many people take awhile to pay off large amounts of debt. And, with that in mind, I decided to create a series called “The Seven Year Ditch” dedicated to the unsexy (but awesome) long-term debt repayment stories. Dr. Jenn M.D. shares an incredible story of paying off $1.9 million dollars in debt. Yep, that much.
*In order for me to support my blogging activities, I may receive monetary compensation or other types of remuneration for my endorsement, recommendation, testimonial and/or link to any products or services from this blog. Please read my disclosure here.*
Listen to the Show
Show Notes
- How Dr. Jenn was living paycheck to paycheck
- I get in her business
- $1.9 Million dollars in Debt
- House
- Investment property
- Student Loans
- 2 Car Payments
- 3 Kids
- 1 nanny
- Credit cards
- Loans
- Private School
- IRS
- New Home Build
- The In-Laws
- She shares why no one feels badly for high-income earners in debt.
- Having the The Money Conversation
- I share a childhood money memory
- Dr. Jenn shares her Zipps story
- The Pacifica (I’m like-what is that?)
- We talk life balance
- Embarrassing moments
- The actual financial changes her family undertook.
- The debt they owed their in-laws
- We talk Dave Ramsey
- Aldi’s is bae
- What they got rid of
- I ask what was the hardest part of kicking the debt to the curb.
- How long did it take to pay everything off?
- What did fun look like during those years?
- Why Dr. Jenn decided to share her story
Connect with Dr. Jenn
- Facebook Group Financially Fit Physicians with Dr. Jenn M.D. (closed private group)
- Facebook Page Dr. Jenn M.D.
- Dr. Jenn M.D. (website)
Want to Start a Blog?
I love blogging! It has been an incredible experience, transformed my life, and connected me with a ton of amazing people. Blogging is a pretty cheap activity and I recommend hosting your blog with Siteground. Many bloggers have begun leaving HostGator and BlueHost and moving to Siteground. Myself included!
Already a blogger? Read why I’m leaving HostGator and BlueHost (I have 2 blogs one on each hosting platform) and moving to Siteground. If you’re a new blogger Siteground will cost around $3.95 a month (depending on the size of your audience). They have great customer service and tutorials on how to host your new WordPress blog on Siteground.
Latest posts by Michelle (see all)
- How Work Policies Against Black Women Birthed a Love of the Soft Life - 20 March, 2024
- How Taylor Swift’s IP Victory Could Change the Business of Music - 28 February, 2024
- Why Don’t More Personal Finance Content Creators Talk About Policy - 16 January, 2024
Leave a Reply