Savings Corner

DECEMBER 24, 2023

Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you. Simply fill in your outstanding loan amounts, credit card balances and other debts. Debt consolidation is the process of combining several debts into one new loan.

Debt 52

Debt Calculators Credit Cards Credit 52

Family Balance Sheet

SEPTEMBER 9, 2014

We paid off over $147,000 in debt (actually way over that amount, if you want to count a $210,000 rental property that I sold at a slight loss.) About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Then my husband decided to pay off his car.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

NOVEMBER 19, 2014

We paid off $68,000 of debt in eight months. The debt included about $30,000 in student loans, some medical debt, IRS debt, and a small amount on a credit card. What inspired you to get debt free? Daniel was working a lot of hours while we paid off our debt.

Debt 245

Debt Debt Free Finance Friends And Family Sale 245

Family Balance Sheet

AUGUST 5, 2015

What kind of debt was it? Total, we paid off $175K in 2 years!! 130K in mortgage debt. 10K in car payments, $35K in credit card debt. We made the decision to tackle our debt back at our home church in Chattanooga. If married, who initiated the debt free goal? How long did it take you?

Debt 100

Debt Debt Free Finds Finance 100

Family Balance Sheet

JUNE 16, 2015

How much debt did you pay off? What kind of debt was it? We paid off $36,000 in student loans, credit cards, cars and a bit of medical debt. What inspired you to get debt free? Who handles the day-to-day finances in your home or do you work on it equally? How long did it take you?

Debt 100

Debt Debt Free Finds Goals 100

Family Balance Sheet

SEPTEMBER 29, 2016

We had two student loans that still had balances, even though we’d already been paying on them for 10 years. We also had four credit cards, two lines of credit, and a car loan. What are the top 3 – 5 ways you found money to put towards debt. We owed money to just about everybody.

Debt 100

Debt Debt Free Budgeting Budget 100

Family Balance Sheet

JULY 2, 2015

We felt like we couldn’t do a lot of the things in life we wanted to do because there was always the debt and the loan payments. Our loan payments each month were almost equal to our mortgage! Imagine paying for two houses at once! Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living?

Student 100

Student Debt Debt Free Finds 100