article thumbnail

Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. We ate at home a lot and watched our food budget carefully. Was there something that you gave up that you will go back to now that you are debt free? It’s feels nice to spend money on a date night out.

Debt 245
article thumbnail

20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. Eat out less. One of the biggest expenses you probably incur is eating out. The average person spends over $2,000 a year on eating out. Instead of eating out, pack your lunch. 20 Tips for Frugal Living.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Find out how Lydia & her Husband Paid off $36,000 in Debt in 2 Years

Family Balance Sheet

I am a stay at home mom and freelance marketer and my husband works in the construction industry. How much debt did you pay off? The fear of losing my baby led to the desire for me to be a stay at home mom, but I knew that would never work if we were in such debt. To pay off our home early.

Debt 100
article thumbnail

Find out how Jessica & Her Husband Paid off $175,000 of Debt

Family Balance Sheet

I am a stay at home mom to 3 kiddos and a cockapoo named Otis. We live a pretty busy lives and when given free weekends at home we love spending time at home on our little farm. How much debt did you pay off? What kind of debt was it? Total, we paid off $175K in 2 years!! 130K in mortgage debt.

Debt 100
article thumbnail

5 Ways to Reduce Your Debt

Prairie Eco-Thrifter

Look at cutting back on little luxuries such as eating out at lunch each day or in the evenings. Instead pack a lunch and cook some simple meals at home for dinner. Also cut out any unnecessary expenditure, such as subscriptions and memberships that may no longer be of much use to you. See where you can make cutbacks.

Debt 113
article thumbnail

Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

I’m a former 3rd grade teacher, but now a stay at home mom and a graphic designer of Joyful Art Designs. We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt.

Debt 100
article thumbnail

Find out how Richard paid off $40,000 of debt

Family Balance Sheet

That meant no vacations, no new clothes, no eating out, nothing. This immediately let me slash a huge amount off my monthly spending – though of course it wasn’t much fun at the time! Debt Negotiation – I started to wonder whether the money I owed was “fixed” or not. Yes, but not yet!

Debt 100