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How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Tell us about you and your family. It started with $40,000 in consumer debt (vehicles, credit cards, small student loan) and then sold our home and eliminated the $140,000 of mortgage debt.

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Start Small; Dream Big: Achieving Financial Security From Small Beginnings

Prairie Eco-Thrifter

He had to start small because he came from an average middleclass family, but he had big dreams; he knew what he was aiming for. She got rid of her credit card debt using this.” Bobbi started cooking at home instead of always dining out. Robert Kiyosaki certainly doesn’t think this. So, dream big.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

In my spare time, I love hanging out with family and friends, running (I have completed three half marathons) and singing in my church choir. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. I no longer use credit cards – only debit cards or cash.

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Keeping it Simple: Strategies for Financial Security

Prairie Eco-Thrifter

This can be as simple as forgoing dinner out sometimes and cooking at home more; taking your lunch from home sometimes instead of always buying it; and the oldie but goodie – giving up one expensive Starbucks coffee a day. Debit cards allow you 24/7 access to your own money and help to reduce the use of credit cards.

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Remember to Celebrate Your Success

Prairie Eco-Thrifter

Cooking at home. This list could go on and on and will be different with each individual and family. Paid off the credit card. Maxing out your retirement savings account. Completing a no spend week or month. Trimming your budget. Reducing your debt each month. Avoiding accumulating more debt. Paid the bills?

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Interview with a Self-Made Millionaire

Prairie Eco-Thrifter

We shopped at garage sales, turned down the heat, combined errands to use less gas, didn’t buy a lot of prepared food, cooked at home and the like. We mowed the grass, made our clothes, cleaned house, cooked , and fixed broken stuff. I cut the family’s hair. Peggy: Oh yes! We also did without a lot of things.

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