Debt

Finding Joy Through Suffering: A Christian Perspective

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Endure for Greater

I think we should all pay back what we owe. The process of repayment is difficult and invokes suffering. While in the middle of challenging times, it helps to think of the goals you hope to accomplish. For example, Jesus knew he would suffer, how he would suffer, and what he was set to achieve through suffering. Looking to something greater than ourselves to obtain greater is what Christ did and serves as our example as explained in Hebrews 12:2.

Our Issues Today

Christ took things a step further by rejecting Satan’s temptations in the wilderness as found in Matthew 4:1-11. The temptations Christ overcame are no different from what we encounter today:

  1. Desire to satisfy ourselves without relying on God.
  2. A longing to prove ourselves worthy of association with others.
  3. Urge to yield power at the cost of legitimate authority.

Sacrifice = Pain

Luke 9:22-24 illustrates Jesus knew the sacrifice he faced for a brighter future.  Jesus had a crew of 12 which consisted of his best friends, with one ultimately betraying him.  With that said, life’s challenges are difficult to do alone; but it is our faith in Him to see us through the difficult times of life that we see the Lord’s power revealed.  I am a testimony of the Lord’s power to lift you out of despair and replace your sorrows in the midst of ongoing troubles with joy.

What Joy Means to Me

Having joy in the Lord does not mean everything will work out fine.  My student loans did not just miraculously pay themselves, but I found myself enjoying the process in knowing one day my loan balance would be zero.  My joy in Christ did not make times of unemployment, or being passed over for promotions less painful.  The joy I have in Christ is a reminder that life gets so much better if I yield life’s outcomes to my creator. I have no regrets for the way things turned out in my life.

Past, Present, and Future

If you regret you are looking back, when you worry you are looking forward.  If you aren’t careful, the regret of yesterday and the worry about tomorrow will squeeze you so tightly you won’t have a today.

That’s all for now, until next time everyone.  Stay strong!  Fight on and have No Debt But Love, peace and blessings!

👜Surviving Unemployment: Strategies for New Graduates👨🏻‍🎓

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Recent college graduates are expressing ongoing frustrations in attempts to secure jobs.

https://www.nbcnews.com/business/economy/job-market-report-college-student-graduates-ai-trump-tariffs-rcna221693

To make matters worse, student loan collections started May 5th.  This comes after the initial pause of student loan repayment which resumed October 2023 after Covid-19 payment extensions expired.

https://www.nbcnews.com/news/us-news/student-loan-collections-restart-explained-rcna204494

🏛️Student Loan Collections Vs Repayment🤌

So, what’s the difference between collections and repayment?

Debt collection occurs after a borrower fails to make payments after a certain time as agreed, also known in business terms as default.  The creditor-in this case the student loan company may attempt to recover the amount owed or involve a third party known as a debt collector or a collection agency. 

Debt repayment is the process of the debtor-the person(s) who borrowed money, paying back what is owed to the creditor.  Creditor is the person(s) or business to whom money is owed.  Debt repayment involves a payback schedule, also known as the amortization schedule.   Amortization schedule(s) give the amount, dates of repayment, and number of periods required to repay debt.

⏰Hard Times Won’t Last, Tough People Do🤕

I remember graduating from college in 2008 and not being able to find work.  I immediately made the decision to return for a master’s degree.  I won’t revisit the entire story, but if you care to know the backstory, check out the following blog posts below.

The American Dream: $85,308.07 In The Hole
Why? -$27,281.44 Paid, $58,026.63 Till Pay Off

Trust me, I have plenty of other blog posts.  Feel free to go down the rabbit hole by clicking on older links 😊.  The Lord got me through the years that followed battling unemployment.  I felt like a failure and my message to anyone who can’t find work is…

🧗🏼‍♀️Things will get better if you don’t give up🧗🏼‍♀️

I don’t know what it is like for you right now in 2025, but I remember the feeling of hopelessness in 2008.  Misery regardless of the date and time is a horrible experience and we all just want to get out of it.  Here is how I survived a recession with student loan debt.

  1. Consider moving back home with family.  I know, I know… no one wants to move back home with family but count yourself blessed if this is an option.  Your family wants what’s best for you.  Remember no family is perfect but take the help you can get while it’s available.   
  2. Connect with people you trust.  Let the people that love know how you feel.  Many times, people don’t know the pain we are going through, so we cannot assume people can readily understand our experiences.  Communicate with your loved ones; and pray for discernment on who best to talk to about struggles.
  3. Just find a job.   Yes, any job for the meantime will do because you still need to eat.  By providing your most basic needs, you’d be surprised how eventually others will feel compassion for you.  The help may not come quickly, but in working you are helping yourself, and to help yourself is to love yourself.   While I worked as a cashier after college, the blessing came in the form of improving my ability to small talk.

That’s it for this post!  Until next time everyone… Stay strong💪, fight on🥊💥🥊, and have No Debt But Love❤️. Peace and blessings!✌

Life After Student Loan Debt: $85,308.07 Paid

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Debt Freedom

It has been one year and eighteen days since I have been student loan debt free. I imagined my life being much happier not having to budget for payments to student loan servicers. But let’s visit the past… my life after graduating from college in 2010 started off awesome as I made the best decision of my life-I married my best friend. However, marital bliss did not last long as Nelnet, Fedloan, ACS, and University Accounting Services demanded much of my paycheck.

Im Free GIF - Im Free GIFs

My student loan payoff struggle lasted 8 years, 9 months, and 7 days. It was difficult working multiple jobs that didn’t pay much. My ego took a hit in knowing I did not earn enough to provide for my wife; making matters worse, my jobs involved working overnight. Somehow, someway the Lord in his mercy allowed me to keep my sanity.

The Struggle Was Real

So there I was, a recent college graduate and life was just not working out. Thankfully it’s been 11 years since the initial haymaker life dealt me. It’s hard to believe somedays I graduated 11 years ago and for a very long time I despised my education. I was embarrassed to ever mention my degrees as I had little to show for them except debt and minimum wage jobs. By the way, minimum wage in Texas is $7.25, a far cry for what is purported for earnings for degree holders.

Feast your eyes on a chart below provided by the U.S. Bureau of Labor statistics for the year of 2017. Supposedly, someone with master’s degree is to earn about $1,400 weekly. ***For the unemployment rate figures I have supplied the link (Source) to that information in the link below the chart.***

Source: https://www.bls.gov/careeroutlook/2018/data-on-display/education-pays.htm

However, from 2011 to 2013, I earned just under $500 a month; and from 2013-2016, my monthly earnings were about $1,600 monthly. Don’t get me wrong, by no means is this post meant to be a gripe, moan, and groan session. The purpose of No Debt But Love is to inspire the next generation to avoid student loans at all costs and to encourage those with student loan debt to get rid of it as quickly as possible.

The purpose of this post is the reminder that although we have plans for a better life and future, life happens and things get ugly fast. Oh… have you forgotten? Let me remind you.

COVID-19 & Change of Heart

Let’s be real, I didn’t daydream about paying off my student loans and then witness friends and family need stimulus checks a month later. I remember a classmate not so long ago told me, “Don’t get upset if student loans are forgiven right after paying yours off.” I really didn’t think much of his statement because I figured, “If I can pay off my debt, then why can’t everyone else? I made sacrifices and paid it off, now you do the same!”

In my humble opinion, our apathy is what is causing the world so much pain. Although I have paid my student loan debt, I must remain concerned for others who are in this situation. The same is true for example, when showing support to someone who discloses their struggles with cancer. You wouldn’t dare respond to the news with, “I beat cancer, so you can too” this response would be outrageous.

Student loans threaten to derail and often destroy the financial lives of young people. Currently, the U.S. president is considering options to make student loan debt cancellation a reality. To be honest, I am happy student loan debt is discussed in the news more often now. I pray we all listen in a nonjudgmental manner during the next student loan debt story we hear. Until next time everyone!  Stay strong…💪 fight on…🥊💥🥊 and have no debt but love! Peace 🕊️ and Blessings🙏🏻.

Murphy’s Law: $35,237.09 Paid, $50,070.98 Till Pay Off

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The past few months have greatly tested my ability to laugh in frustrating moments. I have fallen victim to “Murphy’s Law” in the areas of technology, vacation, transportation and homestead.

Murphy's Law2

Technology:
I work in the field of education and one of my roles is an adjunct professor. I love what I do and sometimes it is best to follow by the same advice we instructors give students, “Never start work at the last minute.” I had to learn this the hard way as I decided to rest a few days before submitting final grades.

All hell broke loose, my laptop had fan issues, causing overheating and shutdowns. I also downloaded a virus that randomly blocked Wi-Fi internet access. However, I persevered and submitted grades hours before the deadline. The laptop saga ended, it was repaired for $50! SWEET!

HAHA

Vacation:
My wife and I love Christmas vacations, so much so, we invited two our closest friends for a Christmas cruise. Before we could fully enjoy the exotic sites, people, food, and fun; a four hour drive to Galveston, Texas stood in our way.

We had great friends along for the ride, so we anticipated the 4 hours flying by with laughs and occasional rest stops. Little did I know my ability to laugh in frustrating moments would be tested again…

Have you ever felt like you forgot something important at home while on the highway? Can you guess what my wife and I forgot to pack? You guessed it, we left our passports. We eventually made it home to retrieve them, delaying our arrival time by an hour.

HEHE

Transportation:
Car troubles always happen in the most inopportune times. My wife affectionately nicknamed our Honda Accord “Purple Rain” because it always needs repair. Annoyed with the constant breakdowns, we bought another car.

We viewed the new car as a bargain until discovering an electrical problem; causing issues with the turning signals, windows and locks. Around the same time, my truck at times would overheat and leak engine coolant.

In the end, the repairs cost us $200 in parts with free labor from my father-in-law. Thank you very much sir, you are a great mechanic.

HOHO

Homestead:
After repairing the laptop and cars, our washing machine breaks. My wife calls the apartment manager and is told we will receive a new washer. GREAT! Yet, we become victims to “Murphy’s Law” again.

While replacing the washer, the maintenance worker put a hole in the washroom’s wall and soaked our living room carpet with dirty water. We guess the worker made an attempt to mop up the water, as evidenced by wet bath towels in our dryer.

FACEPALM

Issues we have in life take time to address. While I felt inconvenienced by my circumstances, these same circumstances led me to people. It was neat spending time with my wife and father-in-law working through frustrations. Until next time folks, press on and God Bless.

Credit Crunch: $34,531.56 Paid, $50,776.51 Till Pay Off

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Happy Belated New Year folks!
It is a blessing to be alive and in good health. So much has happened since the last post, so as promised here’s a personal account about credit.
This story starts on a relaxing August evening while visiting my wife’s parents for dinner in 2011. While everyone conversed and gave thanks for the meal being served, my mind raced with questions. What if I lose my job? Will my marriage end in divorce? Is it even possible to pay off $85,308.07? These thoughts were in stark contrast to my outlook on life in December 2010: I was a recent college graduate, landed a great job, and was soaring with feelings of invincibility. After a few short months unfortunately, 2011 arrived with my impending financial doCredit Crunchom. As I sat at the table that night, I felt like the chicken on my plate…DONE.

The warning signs were there four months prior, as I noticed my credit score would fluctuate by as much as 25 points. I created a credit monitoring account and set up text message alerts through Experian. I investigated reasons behind the score changes on Experian’s website, and read that score fluctuation was a normal occurrence, so there was no need for alarm. I dismissed my concern and figured everything was okay, forgoing any further investigation.

Experian is one of the major credit report bureaus, along with TransUnion and Equifax. These guys monitor and report credit scores used to determine your ability to pay back debt. Typically scores range from 300-850. Your chances of being approved to make big purchases on credit (like houses and cars, for example) improve with higher scores. The higher your credit score, the lower the perceived risk for the lender. The lower the credit score, the less likely you are to be trusted with a loan, as you are perceived to be more likely to default on your end of the deal.

After a couple of months of occasional text alerts gradually becoming more frequent, I started to feel something was actually wrong.  I ran over to the nearest computer and logged into Experian’s website. In bold red letters read, “Payment 30 days Late”.  In shock, I realized that it was a student loan company owed. In angst I thought, “I’m already paying over $900 a month, and now they want more?! This has to be a mistake!”  Sadly, it was an oversight on my part, and not an error as I so hoped.

From this experience I’ve learned:
1. Never assume everything is okay.
I ignored the many warnings that I had not kept current with all my student loan accounts.  After discovering the additional obligation, I had to fork up another $90 a month.  For the next seven years I have a late payment attached to my credit report, which lowered my credit score.  Sometimes making that extra call or sending another email can properly inform us of what’s really going on.

2. Keep Calm. Don’t panic.
I worried about insolvency and divorce as a result. Well, I’ve lost jobs and every time the Lord has provided.  My wife is still by my side, and we will celebrate 5 years of marriage next month. The sleepless nights have all proven futile as they did not improve my ability to keep jobs. Nor did stressing about the future make me a better person; ask my wife, it made me grumpy at times.

3. Goals take time to be reached.
Earning degrees don’t happen overnight, neither will paying back the student loan balance. Education taught me to plan and break monstrous goals into smaller tasks.  Graduating from college took focus through each class and each semester before realizing the dream of walking across the stage.  Now the year is 2016, my goal is to one day be debt-free.  I can smile knowing that 85k is not my loan balance anymore.

4. Enjoy life.
We all have places to go and things to achieve. We stop living once we lose hope and have nothing left to live for. 2011 marked a time for me where I didn’t enjoy watching movies, practicing guitar, or playing video games. Taking breaks to discover and engage in hobbies helps relieve stress. So while it is important to work hard, be sure to never forget how to play hard.

That’s all I have for my credit experience. Thanks for stopping by, the next blog post will be entitled “Murphy’s Law”.  See ya!