Are you sick and tired of feeling broke or being in debt? If you are, then you have come to the right place. I created My Money Counts as a place to share personal experiences with money – debt management, savings, investing, day-to-day living, and more.

Why did I created this blog?

After completing my post-grad studies I worked multiple jobs, some in my field and some not in my field, just to make a decent income. I attended networking events, customized every resume I sent out and even interned pro-bono once for a few months just get a leg up.  However, the jobs and pay felt like I was going nowhere fast.  So we decided that with our degrees and our combined $120,000 debt and little savings, my then boyfriend (now husband) and I resolved to get busy eliminating our $120k elephant.

What I did about it?

I developed a 3 year plan to eliminate all our debts by Dec 31st, 2015. We started our  debt repayment journey on July 1st 2013 and were complete debt free by Dec 15th, 2015, 6 months ahead of schedule.

Why such a plan?

Simple. We wanted our life back. Our monthly combined student loan payment were $1,220/month ….yah, you read that correctly. The debt would have taken us 10.5yrs to fully pay it back making these minimum payments.   We would be almost 40 by then. Yikes! We started making the minimum payments after graduating as our pay at the time was sufficient to cover that.  However, we always talked about how free we would feel if all of our debts could be paid off sooner rather than the 10-12yr plan.

Many are in the same boat that we were in -overwhelmed by debt and underwhelmed by the repayment progress.

Why bother?

Because it’s YOUR LIFE. Whether you dug yourself into the debt hole or circumstances beyond your control found you there, only you can determine what happens next.

Although our degrees point to us having studied finance and accounting, we were just as dumb about our finances as the next person.  We didn’t feel cheated but we knew that if we didn’t act, we would continue to be underwhelmed. So we set a plan to become debt free! If we can do it…so can you.

Where are we now?

We are debt free! (Never going to get tired of saying or writing that ☺) our focus now is living modestly with less money stress, and building the cornerstones to our financial future, through savings, investing, vacationing and whatever fun things we feel like doing next.





18 replies

  1. Hello Pamela; I have nominated to for “One Lovely Blogger Award” (please see https://lifeasiinterpret.wordpress.com/2016/06/09/one-lovely-blog-award-2/)- cheers 🙂


  2. Amazing. You see you can do anything you set your mind to do Pamela. Lovely post.


  3. So impressed that you and your husband were able to pay off that much debt in such a short time! Congratulations! Looking forward to following your journey.


  4. I’m super excited about following your blog.

    Liked by 2 people

  5. Hi Pamela, I’m so glad I found your blog. Lawd knows I need to learn all I can about money management. I wanted to stop over to thank you for liking a comment of mine on another blog, say hello and to check out your blog. I look forward to learning from your journey to financial freedom. Have a good one! ~Steph


  6. Hi Pamela! Nice to meet you. You have such a valuable blog. I am excited about following you. I am sure there is much to learn. Good bless you!


  7. This is a one of a kind and much much needed blog in the blogosphere ❤ Wow. So glad to have discovered you in Jacqueline's brunch party at http://acookingpotandtwistedtales.com/.

    Really looking forward to more wisdom on these money matters 🙂 I totally need them and who does not !!


  8. Congratulations on getting out of your student loan and credit card debt. It is good for young people to try to do this and hopefully they are able to get well paying jobs so they can. In the US many young people are having a hard time getting decent jobs even with an education. I hope this changes.

    Liked by 1 person

  9. I am glad to discover your blog! I am in the exact state now! I foresee I will have plenty to learn from your experience! I will invite you to look at my this post, and you will know!! 🙂


  10. Great intro, Pamela! I would love to know how you and your husband paid off those student loans. We, too, are shackled to ours.:)


  11. What an inspiring story! Paying off $120,000 worth of debt in 2.5 years is one amazing accomplishment. It takes a lot of hard work and sacrifice but you have proven that it is possible to get the job done.

    I’m happy you started this blog so you can share this inspirational journey to become 100% debt free with others and I can’t wait to read more about it.

    – Madison


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