Sallie & Perkins - FAQ



Where did the names Sallie & Perkins come from?
We thought this was self-explanatory, but I guess if you aren't drowning in the same student loans we are- this might have went over your head, so let us clarify. Sallie is short for Sallie Mae, one of our largest, most hated student loans. And Perkins of course = Federal Perkins Loan, another one of our "favorites" ;)

How much money do ya'll make?
We try to be pretty transparent around here and keep things real, especially when we are encouraging others to get out of debt, but we aren't comfortable divulging our exact income. What I will tell you, is that we both have 'average-paying jobs' I know, I know- still vague. But I just want to make it clear, we aren't rolling in the dough and easily putting down that extra money each month. It's always a challenge, always a sacrifice!

How much debt did you start out with?
Who knows?! Ouch-- bad answer for some people trying to take charge of their debt, right?! Honestly, we don't know what that total debt number was back when we got married in May 2011. If we had to guess, I would probably say around $60,000? I know we started 2013 with debt totaling $49,000 and we are currently down to about $37,000 (Not including our September payments, yet!). Lots of progress, but still a long way to go.

How in the world do you have THAT MUCH student loan debt?
We both went to a small, private Christian university that came with a hefty price tag. Even with some scholarship money and both us working before and during college, it wasn't affordable at ALL. Sallie also got her Master's degree from an awesome, but pricey college. YAY eduction, OUCH debt!

Perkins, you're obviously a symbol of fashion and coolness, where do you shop?
Good question, simple answer: Gsquared.  Game Swap and Gabriel Brothers. Sure, in Game swap you may have to weave in an out of a group of adolescents in a Magic the Gathering tourney, but you will be stumbling upon awesome deals! I personally just scored Mario Brothers Smash Brothers for like, 5 bucks. 
Gabriel Brothers is pure second-rate clothing awesomeness! All their pants are easily hike-able up to a minimum of 10 inches above the waist and 50% cheaper then typical department stores!

What's your favorite date to go on without spending a ton of cash?
Sallie: Saturday morning matinee's at our local theater. The cheapest movies are shown in the 10 AM hour, we bring our dollar store snacks in and generally have the theater to ourselves- win, win! :)
Perkins:  Frolf (frisbee golf) in our local park, dollar store snacks for dinner, Boggle or Battleship, Mario Cart Racing, dance party, movie (Star Wars, obviously.) then bed ;)

Sallie- how do you perfect that side pony tail? Video tutorial coming soon?!
I'm glad you guys asked- the side pony is something that I've perfected over the past few years and you can too! Day-old hair is good, two-day old is best! Follow these easy 4 steps for an updated version of the side-pony for that special occasion!


What's the first thing you all will do/buy when you're out of debt?
After a 24-hour dance party and probably a hot date night out on the town, we'll regroup and honestly? Start making extra mortgage payments. We see our house as an investment and not necessarily a 'debt' but we do look forward to building up our equity and having a plan for our NEXT house. Oh… and probably plan a vacation ASAP!

Any other questions for Sallie and/or Perkins?! Be sure to leave your comments to be included in a future post of the debt-slashing couple!

42 comments

  1. Haha. This started out my morning with a good laugh. You MUST do a video tutorial of your hair style then pin it to Pinterest and see who pins it! YES! Have a great Tuesday girl! :)

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  2. Sallie & Perkins always put a smile on my face. I may need to send your S&P posts to a friend, she's really struggling right now with falling further into debt and is always looking for ideas.

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  3. It's hilarious how you can go from so good looking to so goofy looking, I love it.
    I really do love these posts. We don't have even quite half of what you guys have got debt wise, but we've got a toddler and are on only one income. I really enjoy getting advice in a fun way since it can get me so down.

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  4. Hahahahahaha these posts make my day!

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  5. The Sallie & Perkins names totally went over my head... I'm so damn blonde sometimes!

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  6. Okay you guys are too adorable. Love the pics, as always.

    So smart to have a plan to start making extra mortgage payments once the student loans are paid off.

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  7. I love Sallie and Perkins! I can't wait to have a job so I can start paying my loans down, but woooo boy do I have a TON. Law school doesn't come cheap, even with a scholarship!

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  8. I'm so excited now that we're settled and in Charleston and getting regular paychecks once again--that means time to tackle the private college student debt!! I'm right there with you, oooooh private schools.

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  9. Ha ha, these answers were so good Erin! These posts are such a positive inspiration to people in this age of debt!

    I particularly love the answers to the questions about Perkins' clothes and your side pony. ;)

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  10. Did someone seriously ask how much you guys make? And while $60,000-ish seems like a huge amount of money, it's not that bad considering you both went to private schools (plus Xavier for your Masters!).

    I love Sallie's side braided ponytail. ;)

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  11. That side pony is my FAV ;) work it giiiirl. I think I say this everytime, but this is one of my FAV S&P posts!! ;) MWAH!

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  12. These are so so great! Love how you have such agood attitude about paying of debt. Sure, it's not fun, but if you can make it more enjoyable it won't feel like such a chore!

    can't wait for the video :)

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  13. I love your little blog makeover! I can't believe people really ask how much you both make, seems like such a rude question to ask someone.

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  14. i calculated how much faster we can pay off our home-loan with a little extra each month and it totally makes it worth it to give up a few 'extras' to get out of that debt quicker!

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  15. Perkins, you saucy little thing! Ending the date in bed...haha :)

    Also, girlfriend, I mean Sallie - can I just say how impressed I am that you went to Xavier?! I have family up there in Cincinnati and they went to undergrad there and now they are rocket scientists. (But no really they are.)

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  16. This was awesome! And honestly, the reason for your names went right over my head til now!

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  17. I'm a new follower (from some link-up that I can't seem to remember) but I absolutely LOVE Sallie and Perkins posts!!! They are awesome! I am also trying to slash the debt I have accumulated (except I'm still going at it alone, living in a high COLA area) baby steps. Keep up the good work!

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  18. haha you guys are seriously the cutest! And kicking some major butt on your debt!

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  19. Hahahaha. Love it all. Especially that side pony tutorial. I'll have to bookmark this for when my hair grows out a little. ;-)

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  20. Ok, you guys are AWESOME! I cannt wait to get my student debt long gone!

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  21. love this... You guys are so cute .. You have some good money saving tips :O)

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  22. I love all of your Sallie & Perkins posts! I can't believe people honestly ask you how much you make! That is crazy!!! And thank you for all the fun date ideas, etc. With a toddler taking up most of our time, we easily forget how to be creative when it is just the two of us (which is typically NEVER!). We end up spending way too much doing nothing :(

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  23. Ya'll are so stinking cute. Congrats on all the progress. Inch by inch, it's a cinch! ;)

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  24. I like the subtle winky face after bed from Perkins. May your vacation post-debt be awesome!

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  25. Haha! This is awesome! I especially like the side pony tutorial. You guys really are great though...taking it on little by little. And I know debt stinks big time...but a good education is absolutely worth it!

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  26. You guys are adorable. I'm sure this series is helpful to a lot of people! I graduated with about $20,000 in debt. You will feel a HUGE weight off your shoulders when you're all done! Being debt free is not something I take for granted.

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  27. So, we are in the 6 figures department when it comes to debt and it stresses me out on a daily basis. Also, we're on one income. How in the world are we supposed to get started? For now, we just do our best to build our savings, and spend as little as possible. This way, when I graduate and get a job, we can continue to live on one income and use all of that extra for tackling our debt... but I wish I was getting some instant gratification!

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  28. I love your posts on this stuff! Well done, guys! I don't think enough bloggers talk about financial topics and it's SO important for people to be paying attention to. I just know you're serving as an inspiration to all sorts of people out there!!

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  29. I love your posts on this stuff! Well done, guys! I don't think enough bloggers talk about financial topics and it's SO important for people to be paying attention to. I just know you're serving as an inspiration to all sorts of people out there!!

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  30. I love your posts on this stuff! Well done, guys! I don't think enough bloggers talk about financial topics and it's SO important for people to be paying attention to. I just know you're serving as an inspiration to all sorts of people out there!!

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  31. Seriously you two. I frickin love you.

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  32. Yeahhh I didn't know where Sallie and Perkins came from haha but glad I know now! Thanks for the helpful tips and I can't wait to congratulate you guys when you finish!!! :)

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  33. Awesome pics, you guys are doing great :-D

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  34. I just love this and y'all so much! So proud of both of your hard work and effort into making this go away! It will all be worth it when you can truly enjoy and be done with it!

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  35. Erin I love love love this series....they always seem to come just when I'm so discouraged about my own finances. Ya'll are an inspiration....and hilarious! :)

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  36. Yay Sallie & Perkins! I love S&P days & reading about y'all saving money. Dork status! :)
    But really, from 49k to 37k so far this year..that is amazing!
    I definitely would say a vacation to celebrate is key once your debt is eliminated...
    After that 24-hr dance party, OF COURSE!

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  37. just when i think i've hit the end of blog land i find another fab blog. sheesh. stopping over from http://farmerbell.blogspot.com. rock on. :)

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  38. I just recently found your blog and I am so loving this series you are doing. My husband is married to sports like you are (aka he coaches college football) and we are both swimming in student loan debt, so we have a lot in common! Thanks for sharing your story...it's so encouraging to people like me who feel like we will never be debt free!

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  39. Haha! You guys crack me up! Your Husband reminds me of my Husband so much. He loves his old video games and Star Wars, haha! It seems so ridiculous how much College costs, but it sure does add up over four years. And especially if both of you have loans. We lucked out with that since my Husband didn't have any loans, just me. You guys are doing awesome though!

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  40. You guys are so so awesome! Can't wait to hear about how much you've kicked debt in September! Keep up the FANTASTIC work, darlin'!

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Thanks SO much for taking the time to read and comment on my blog! I read each one and love to respond and chat with you! :)