article thumbnail

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

Family Balance Sheet

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. So I finally got to the third gas station and inserted my Discover card, hoping it would accept it. We started cooking at home more, a big issue for us was eating out.

Debt 100
article thumbnail

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

Prairie Eco-Thrifter

This dream motivates you to put in the effort. She got rid of her credit card debt using this.” Bobbi started cooking at home instead of always dining out. This book, as well as others he has written, changed the way a whole generation of people thought about money and wealth. Otherwise, it just doesn’t happen.

Money 211
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 Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. It took me five years to pay off my debt but two of those years I had a job loss, I was taking care of my grandparents and I had lost my motivation and drive to pay off the debt. I no longer use credit cards – only debit cards or cash.

article thumbnail

Remember to Celebrate Your Success

Prairie Eco-Thrifter

But, I’m convinced that celebrating success is much more motivating than punishing yourself for real or imagined failures. Cooking at home. Paid off the credit card. Any of us can easily list all of the things we do wrong each day, but do we ever think about what we did right? Paying cash for an item.

Debt 113