<prompt> Human: Thanks to this sub and all the great advice you all have given, I did it! It took 3 years and a hell of a lot of patience, dedication and financial discipline, but I just made my last student loan payment this month and it feels amazing! I just wanted to say thank you to this sub for all the good advice and great information. For those wondering how I did it, I basically started out paying minimums on all my loans and then paid the difference up to 500 on my smallest loan until the smallest one was paid off. I consolidated a private student loan and my largest loan balance that was at 9.75 APR to 5. Every time I received a raise, Id increase my loan payments until I was paying 1000mo. Any money I had left over at the end of the month, Id stick in savings until I had 10K. I used that 10K to make a large payment that wiped out 66 of what I had left. Then, for the next 2 months, I continued to make 1000mo. payments until I had enough to make one last large payment of 2800 my monthly 1000 to pay off the rest of the balance. I ended up having about 2.15 cents left after the final payment and the bank just waived those last few dollars 0.01 interest and marked it as Paid in Full. I should be getting my CongratulatoryPaid in Full letter within 45 days. Being debt free feels amazing and Id recommend it to everyone who can and is able to become debt free. It sucks while youre paying off debts, but once paid, its liberating. Again, thanks rPF for all the good information and encouragement to becoming debt free! Assistant: Way to go! now what will you do with that freed up cashflow?Human: Thanks! Im gonna get my emergency fund up then Ill be saving for a down payment on a WRX STi. Basically my dream car since high school.  <response>: Fun car. I bought a 2011 when the sedan was reintroduced again. Sold it and regret it every day... but my commute increased, gas was through the roof and my insurance went up in my new area...so keep all the extra costs in mind. 