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5 Steps to Crush Debt in 2016 + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Read our 2016 Crushing Debt Guidelines here. 4 – Break your debt crushing goals down into timely steps. What can you realistically pay off, while still stretching yourself in 2016? Download your FREE Debt Payoff Goal Tracker. Paying off debt is not fun, in fact, it sucks!

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2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. DONE 2015. 4 – Pay off all Non-Mortgage Debt. | DONE September 2019!!! DONE – 6/1/2014.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Instead of writing, “I want to pay off debt” or “I don’t want to live paycheck to paycheck”, commit to “I want to pay off $X of credit card debt in 201X and I will stop using credit cards from this point forward.” We focused and paid off 2 loans by end of 2015, and one loan in 2016.

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Create your debt freedom plan

Family Balance Sheet

Pay off all Non-Mortgage Debt. Our non-mortgage debt was in the six figures and included a student loan and business loans. We used Dave Ramsey’s debt snowball method. | Paying off debt is not fun. That’s one reason why we included celebrations in our Debt Freedom Plan.

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

Family Balance Sheet

When Jon and I were married, we acknowledged that high paying careers were not on the docket for us, knowing that we wanted to have both comfortable and generous lives we decided that we would have to be incredibly diligent with our resources. The first step in this diligence was paying off debt.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

We charted out our course of action to pay off debts and start saving for retirement. Our current priority is to pay off our last non-mortgage loan (our step 4). We have completely stopped any retirement contributions, so we can apply that money towards our debts (we had A LOT).