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Queen of Free

Save Money & Slay Debt

You are here: Home / debt free inspirations / Sallie Mae’s Eviction Notice

Sallie Mae’s Eviction Notice

Tips like these helped us pay off $127K in debt. You can read our story in Slaying the Debt Dragon: How One Family Conquered Their Money Monster and Found an Inspired Happily Ever After.

January 1, 2012 By Cherie Lowe

Sick of Student Loans?! Evict Sallie Mae Like this Family Who Paid off Over $127K in Debt!

Dear Evil Sorceress Sallie Mae,

You’ve lived with us for a very long time.

You were there when we got engaged. You were there when we graduated from college. You stood up with us at the wedding (no one invited you to do that).

You came along on the honeymoon (that was totally awkward) over 12 years ago. You dwelled in our first two apartments, keeping us from truly ever having any time alone as newlyweds. You were there for the birth of the Eldest Princess and kept us from loving her in the ways we wanted to love her (and pay for her hospital bills as quickly as we would have liked, too).

You’ve taken up more than your fair share of space around our small but sweet castle for the past 8.5 years. Everywhere we have ever lived, you have always packed a large bag and tagged along. At times, you made it nearly impossible for the Princesses to play because of your large stature.

You kept us from doing things that we longed to do – saving for retirement, starting college funds, giving when we saw a need, having regular date nights, going on vacation, and even buying things we needed (Have you seen our towels lately? Holy holey, Batman.).

Nearly four years ago (April 2nd, 2008) right after the Youngest Princess was born, your vacant ugly stare came at us in the form of a very large number – over $80K. We wanted you gone. But, you were SO huge that we had no idea where to begin (luckily, someone had a few great tips). Your younger and much thinner sister Nelnet was one of the first to receive her eviction notice in July of 2008. Your cousins, Medical Debt, Car Loan Debt, Furniture Loan Debt, Small Loan Debt, and Credit Card Debt all followed suit thereafter. Since February of 2010 we have watched you – and you alone – slowly but surely dwindle. Now, you number only four digits instead of six and by our best estimates, in about four months, you’ll need to leave our house –

FOREVER.

You are certainly not welcomed back. Ever. Consider yourself forewarned. You have more than overstayed your welcome.

And you will never plant your evil claws into our sweet two little girls. Their college will be financed by your arch nemesis – the heroic and oh so brave CA$H.

The King of Free called you last week. He wanted to know if we could make our final installment in person in a few short months. You were so cowardly that you refused. Just so you know, we were going to make it rain dollar bills in your lobby. Your loss.

Instead we’ll deliver a final blow via the internet but it won’t be any less sweet. You’re still going to get yours.

Your days are numbered.
Pack your bags.
Say your prayers.

We’re coming for you.

xoxoxoxoxo,
The King and Queen of Free

Royal Update: GOOD NEWS! On March 28th, 2012 we sent Sallie Mae Packing forever. If you’re finding us for the first time through this post, you can watch us make our final payment here: A Royal Announcement . . .. Gain all sorts of inspiration in your debt slaying journey by reading these posts or checking out the Top Posts on Queen of Free. Welcome to your financial happily ever after.

Gain inspiration to pay off debt! Check out Inspiration to Pay Off Debt: 30 Days of Encouragement from the Queen of Free on Kindle!

This post contains an affiliate link. That means when you get a great deal or maybe even something for free, you also help our family pay off our mortgage early. And for that, we royally thank you!

Related posts:

4 Keys to Paying off Debt4 More Keys to Getting Out of Debt 4 Keys to Getting Out of Debt How to Pay Off All Your Debt: You Already Have All You Need Get Out of Debt By Being a Cheerleader?
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My book is now available: Slaying the Debt Dragon: How One Family Conquered Their Money Monster and Found an Inspired Happily Ever After. You can also check out The Debt Free Devotional: 30 Days of Encouragement From the Bible For Those Paying Off Debt on Kindle.

This post contains an affiliate link. That means when you get a great deal or maybe even something for free, you also help our family pay off our mortgage early. And for that, we royally thank you!
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Royal Five Freebies: 50 Disney Movie Reward Points, Benjamin Moore Paint Sample, and more

Comments

  1. QuatroMama says

    October 30, 2013 at 5:22 PM

    Girl, so inspiring. So thankful for your story, and how God continues to write it…

    • Queen of Free says

      October 30, 2013 at 7:26 PM

      Thanks sweet friend. I had forgotten about this post so it was fun to dust it off today and stroll down memory lane. 🙂

Trackbacks

  1. How to Pay Off All Your Debt: Name It and Kill It says:
    April 30, 2013 at 9:48 AM

    […] you named your debt?  It doesn’t have to be a dragon or an evil Sorceress like Sallie Mae.  It could be Larry or Fred or Matilda.  When you personify your debt, you’ll want to evict […]

  2. How to Pay Off Debt $0.19 At a Time says:
    August 29, 2013 at 2:39 PM

    […] Free does have good income (hence the incurring of a great amount of Student Loan debt owed to the Evil Sorceress Sallie Mae) but not oodles and gobs. So, he took on a second job. And when that didn’t cut it, he took […]

  3. Throwback Thursday: How to Pay Off Debt $0.19 at a Time says:
    August 29, 2013 at 2:55 PM

    […] Free does have good income (hence the incurring of a great amount of Student Loan debt owed to the Evil Sorceress Sallie Mae) but not oodles and gobs. So, he took on a second job. And when that didn’t cut it, he took […]

  4. This Mom Paid Off a Huge Debt 19 Cents at a Time—and You Can Too - For Every Mom says:
    January 5, 2015 at 4:50 PM

    […] Free does have good income (hence the incurring of a great amount of student loan debt owed to the Evil Sorceress Sallie Mae) but not oodles and gobs. So, he took on a second job. And when that didn’t cut it, he took on a […]

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Cherie Lowe is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

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Testimonials

  • Margaret FeinbergMargaret FeinbergAuthor of Fight Back With Joy

    "Cherie Lowe is a gifted writer, researcher, and thinker who lives what she teaches. Her inspirational story reminds all of us that we don’t have to fall prey the debt dragon. Living debt free is possible if you follow Lowe’s sound and practical wisdom."

  • Ruth SoukupRuth SoukupLiving Well Spending Less

    "When it comes to saving money and paying off debt, Cherie not only talks the talk, but truly walks the walk! Sharing easy-to-implement ideas along with a dose of tough love, Cherie leads with the perfect combination of empathy and authority. If you are struggling to pay off debt, you won't find a better cheerleader."

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