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Create your debt freedom plan

Family Balance Sheet

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%. A student loan? We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. We thought we were doing really well.

Debt 130
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2019 Debt Freedom Plan Update

Family Balance Sheet

I turned 50 …I know, I know, I don’t look a day over 30, because 50 is the new 30… …anyway, on the last Friday of September, we sent in the very last payment to my husband’s student loan and our goal of paying off our non-mortgage debt by the end of this year is complete! We’re way behind on this.

Debt 100
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What Money Advice Would You Give Yourself If You Could Go Back in Time

Prairie Eco-Thrifter

These were my college years, when I made lots of stupid decisions. When I’d do things like take out student loans even though I had a full-tuition scholarship and a sweet part-time job in the university cafeteria. What Were You Thinking? The “what were you thinking?” Now, my focus looks a little forward.

Money 209
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Our Debt Freedom Plan | Marriage & Money

Family Balance Sheet

We didn’t have credit card debt, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%, so we thought we were doing okay. A student loan? Our non-mortgage debt is in the six figures and includes a student loan and business loans. Start college funds for our two girls.

Debt 100
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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

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. Sean Smarty from Grow Money talks about How to Invest During College. Money Thinker from Money Thinking asks Is Going to College Still Worth It?

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Our Big Financial Goal for 2016

Family Balance Sheet

At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan. Finally, we are able to see the light at the end of the tunnel and are more motivated than ever to pay off these final two loans. The Game Plan: 1.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

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. We paid for braces, college tuition for my son, and did fun stuff like traveling while we were paying off debt.

Debt 236