Joe Mihalic was heading for lifestyle inflation after graduating from Harvard Business School with $101,000 in student loans. He found a great job and bought a home in Austin along with a couple of cars, a motorcycle, and a few other toys.
He was living the life!
He was also paying $1100 a month toward student loans.
One evening, Joe wrestled with that age-old question: is this really the life I want to live? What emerged was a new found sense of purpose, a blog highlighting his experience, and one mind-blowing challenge to dump $80,000 in less than 1 year.