Penny Pinchin' Mom

JANUARY 16, 2024

However, if you have been following me, you know that I am quite serious about finding ways to not only get out of debt but also how to create a budget (and stick to it) as well as how to save money without necessarily depriving your family of the quality of life they deserve. It will help you achieve your financial goals faster.

Personal Finance 52

Personal Finance Finance Tips Finance Mom 52

Family Balance Sheet

NOVEMBER 5, 2014

The debt consisted of my student loans and a car loan. I went through Dave Ramsey’s Financial Peace University when I was 18 years old. Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. Look over your current budget. Actually making a budget!

Debt Free 241

Debt Free Debt Emergency Fund Finance 241

Family Balance Sheet

FEBRUARY 10, 2017

However, we have one non-mortgage loan left, the behemoth student loan that I was hoping to pay off in 2016. Our extra funds went towards our cash flow. At that time, I couldn’t cash flow the office budget, home budget, our loans, and retirement savings. So here is our scenario: The student loan is 2.75% interest.

Debt 100

Debt 2017 Student 2016 100

Family Balance Sheet

FEBRUARY 4, 2015

As many students do these days, we had tens of thousands of dollars of debt by the time we graduated with our Masters degrees. We bought into the myth that student loan debt is “good debt” and that it was better to “invest” in buying a home instead. I cut our grocery budget down to less than half of what it was.

Debt Free 100

Debt Free Debt Financial Goals Budgeting 100

Family Balance Sheet

SEPTEMBER 9, 2014

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) After we got a taste of life without credit card debt, I wanted to pay off my student loan. While I was paying off my student loan I kept hearing about this Dave Ramsey guy, so read up on that method.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

JUNE 22, 2020

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

FEBRUARY 3, 2016

She helps readers gain control of their finances and live well on a budget at her blog Cook with a Shoe . I also wanted to pay off the student loans he had, and see him graduate without occurring any more debt. I would say that this plan helped me more in the area of using a zero-based budget and sticking with a budget.

Debt 100

Debt Debt Free College Finds 100

Prairie Eco-Thrifter

JULY 4, 2011

They are also there working with you to help you reach your goals; even those financial goals. Ryan from The Financial Student talks about Getting Rid of Student Loans. Some people find themselves buried under student loan debt with little chance of ever paying it off. Music to my ears!!

Personal Finance 240

Personal Finance Finance Family Debt 240

Family Balance Sheet

JANUARY 20, 2017

medical bills, a small credit card, both of our cars, and student loans. cars, and finally our student loans. strict budget. emergency fund, so we started throwing what little extra we had straight. We committed to using a cash budget, and we talked daily at. 1 – Set a budget. We are debt.

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100

Family Balance Sheet

SEPTEMBER 29, 2016

You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! We had two student loans that still had balances, even though we’d already been paying on them for 10 years. The first thing we did was to review our spending and create a budget.

Debt 100

Debt Debt Free Budgeting Budget 100

Family Balance Sheet

JANUARY 21, 2015

We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ). Finally, we took the dive by making a budget and starting our debt snowball. Yes, we followed the recommendations outlined in Dave Ramsey’s resources, Total Money Make Over/ Financial Peace University.

Debt 100

Debt Debt Free Las Vegas Finance 100

Family Balance Sheet

MAY 27, 2015

I knew I was going to be a stay at home mom when we had kids and since we were both teachers, we simply could not afford for me to stay home, unless we got rid of something big in our budget. Our initial goal was to pay off our 15 year mortgage in 7-8 years by doubling our payment each month. Budget – Obvious, I know.

Debt 100

Debt Debt Free Pay Off Debt Finds 100