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Does your debt ever feel overbearing, or that you’ll never pay it off?

I graduated culinary school 4 years ago, relying on student loans exclusively to cover them. I still owe $10k, my mom’s parent plus loan is at 24k, I’m trying to help her pay it because she’s still taking care of my 3 siblings, one of whom is going to college this fall. Her income driven repayment plan puts it at $0/ month, and I try to put about $100 towards it every month but the interest just keeps accruing. In addition to all of that, my partner and I had to buy a new car last August, and we still owe $12k on that. I still owe about $2k in credit card debt as well.

I make $47k a year as a sous chef, which is pretty good for the industry I’m in, but I’ve been spending the past 4 years trying to pay all this off and it feels like I’ve barely made a dent. I know 4 years isn’t very long, and I know I can’t expect all my loans and debt to disappear overnight, but sometimes the numbers feel so ominous that I wish they would.

I’m not in a financially bad place. I’m happy with my job, my home, and I’m not living paycheck to paycheck. My credit score is good, and I’ve never made a late payment on any of my accounts. Stressing out about this shouldn’t even be an issue for me, really. I’m not really looking for answers for anything in particular, I guess I just want to know if anyone feels the same way.

Does your debt ever feel overbearing, or that you’ll never pay it off? – RobinHood – Reddit Feed

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