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2019 Debt Freedom Plan Update

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Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. A lot of life happened over 7 years and our plan changed slightly, but our goal remains to achieve complete freedom from debt.

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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

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We also were working on paying for Jon’s master’s degree and then my own masters degree, which I completed in December 2013. With tuition payments and debt payments we spent about $60,395 between January 2012 and March 2014 when we became completely debt free with two bachelor’s and two master’s degrees between us.

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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

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Yep, we’re newlyweds and eloped together in December 2013. Who initiated the debt free goal? Were there arguments during the time you were working on your debt? He leaves most of the financial goals up to me, but we make the decisions together. How did you celebrate when you became debt free?

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How We Paid off Six Figures of Debt

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In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow.

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