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Multiple Income Streams Accelerate Payoff
- Dan used multiple income sources including relocation stipend and retention bonus to pay loans.
- They paid $4,000 monthly plus bonuses towards the loan principal aggressively.
Paying Loans Off During Deployment
- Dan paid off his student loans while deployed overseas.
- He celebrated by paying off the last payment remotely and sharing the moment with his wife.
Personality Shapes Loan Strategy
- Comfort with debt dictates the approach to paying off loans.
- Paying off loans quickly grants long-term financial freedom especially for debt-averse people.