When I visited my dad in Tarpon Springs, Fla., last year, he and I met up with a reader named Cheryl. The three of us sat in a Dunkin Donuts talking about life and money. One of the things she mentioned was a rapid mortgage paydown.
Recently she wrote to say she is now completely debt-free, 14 years ahead of schedule.
Cheryl also included a letter she wrote to her niece, a mid-20s newlywed who’s trying to vanquish student loans. While I’m loath to throw around the word “inspirational,” this note fits the bill. That’s why I’m excerpting it: