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How We Paid off Six Figures of Debt

Family Balance Sheet

While we don’t regret the decision to pause retirement contributions, since it’s a big reason why we were able to pay off so much debt, we did start to feel uneasy. We’re no spring chickens, so in November 2016, we started contributing again to our retirement. Small home = Low Expenses. Groceries.

Debt 130
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Create your debt freedom plan

Family Balance Sheet

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. But Dave Ramsey’s view of debt is very different. Paying off debt is not fun.

Debt 130