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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

My wife is in sales for a software company and I am a fundraiser for a local non-profit that helps the homeless. How much debt did you pay off? What kind of debt was it? We paid off just over $23,000 in one year and four months. What are the top 3 – 5 ways you found money to put towards debt.

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How We Paid off Six Figures of Debt

Family Balance Sheet

But at the beginning of our journey to pay off the debt, I was listening to Dave Ramsey on the radio. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund. Restaurants.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Thanks for the honesty. Cathy Moran from Money Health Central reminds us to Make Sure There’s Life After Debt , and says, “The physical cost of getting out of debt may be more than you should pay. &#. Thanks for letting us know your secret. Many of us should have started earlier don’t you think?

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

Family Balance Sheet

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. If we’re going to pay half a million dollars for a house, I want it to look like that.

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