Frugal postgraduate reveals how she's paying off $166k of debt in 5 years
Brooke Eichenbaum, 29, is living frugally to pay off $166k in debt, including $137k in student loans and $29k in a car loan. Since graduating with a physical therapy degree, Brooke has cut costs by cooking 99% of her meals, avoiding new clothes, and opting for low-cost activities. She earns $5,500 a month, putting $2,000 toward her student loan and $500 toward her car. After three years, she has reduced her debt to $80k. Brooke’s tips for others: cook at home, avoid new clothes, plan free activities, and track spending. She hopes her story inspires others to take control of their finances.
2025-04-11T07:44:36Z