I felt like I was going crazy, so I took advice from this subreddit as well as other sites and sat down to create a worksheet. My student loans were just a black hole, a money pit that never ever changed. In 2016, I realized I'd been paying off my student loans for years with almost nothing to show for it - my principal balance was more or less the same. Here, please treat others with respect, stay on-topic, and avoid self-promotion.Īlways do your own research before acting on any information or advice that you read on Reddit. Get your financial house in order, learn how to better manage your money, and invest for your future. Banking Megathread: FDIC, NCUA, and your cash.Private communication is not safe on Reddit. Scam alert: Ignore any private messages or chat requests.