Jacquelyn Delcamp felt directionless and unmotivated.
Like many of her fellow millennials, the then 24-year-old manager for the ticket marketplace company Vivid Seats explored realms of the Internet for inspiration. She ended up stumbling upon the personal finance blogging community where she discovered the site Studenomics. After reading the blog, Delcamp decided to email the site’s founder Martin Dasko. The subsequent communication with Dasko motivated her to pay off $48,000 of debt in 10 months.
But such an aggressive debt payoff doesn’t come without consequences. Her story shows some of the negative side effects of paying down debt.