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. What are the top 3 – 5 ways you found money to put towards debt.

Debt 100

Debt Debt Free Finds Finance 100

Savings Corner

APRIL 4, 2024

While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. Credit card rates are lingering above the 20-percent mark, and personal loans can stretch into the 25–35 percent range for borrowers with less-than-perfect credit scores. to 10 percent.

Home 52

Home Debt Credit Cards Credit 52

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? Was there something that you gave up that you will go back to now that you are debt free? Not really.

Debt 100

Debt Debt Free Finds Goals 100

Savings Corner

DECEMBER 27, 2023

Ideally, getting one positively impacts your overall financial health, by helping you pay off debt faster, for example, or adding to the value of your home. It also provides an apples-to-apples comparison across financial products, so you can compare the cost of a personal loan to a credit card, for example.

Debt 40

Debt Home Improvement Consumer Credit 40

Family Balance Sheet

JULY 2, 2015

We are living in an apartment that we can pay for out of one paycheck with money left over. The money that we used to spend on debt now goes into savings. In order to maintain our debt free lifestyle, we pay cash for everything. We rarely use a credit card and if we do, we pay it off right away.

Student 100

Student Debt Debt Free Finds 100

Family Balance Sheet

APRIL 9, 2021

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. 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%. At that time, we didn’t consider all debt to be dumb.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

FEBRUARY 2, 2017

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Make a commitment. .

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

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

For the Mommas

JANUARY 23, 2013

Saving more (52%), spending less (19%) and paying off debt (19%). If you achieve it, nothing happens, but if you don’t achieve it, the site will charge your credit card and donate money to a charity whose cause you hate. Is now really the best time to buy that new couch or could you find one for free?

Monitors 40

Monitors Credit Debt Consumer 40

Family Balance Sheet

SEPTEMBER 29, 2016

You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. We had two student loans that still had balances, even though we’d already been paying on them for 10 years.

Debt 100

Debt Debt Free Budgeting Budget 100

Prairie Eco-Thrifter

JULY 4, 2011

Some people find themselves buried under student loan debt with little chance of ever paying it off. Philip Taylor from PT Money Personal Finance presents The Best Gas Rewards Credit Cards–June 2011. Jen from Master the Art of Saving presents Credit Card Happy! Music to my ears!!

Personal Finance 240

Personal Finance Finance Family Debt 240

Family Balance Sheet

FEBRUARY 23, 2016

We’re going to give it everything we’ve got and hopefully pay off the last of our non-mortgage debt by the end of this year. It will be quite a feat because by my calculations we’ll be short each month if we just apply our debt snowball payment. Download your FREE Debt Payoff Goal Tracker.

Debt 100

Debt Goals 2016 Calculators 100

Family Balance Sheet

AUGUST 11, 2016

We charted out our course of action to pay off debts and start saving for retirement. Find a Financial Professional you can trust. Find a trusted financial professional to help you navigate through the many long term investing and retirement options available. Write these dreams down on paper.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Savings Corner

APRIL 4, 2024

To find out whether your business can afford a loan, many lenders will use something called a debt service coverage ratio (DSCR). DSCR = annual net operating income / total annual debt, including principal and interest Many lenders won’t consider any business with a DSCR below 1.25, and the higher the number, the stronger you look.

Bank 40

Bank Banking Credit Finance 40

For the Mommas

JULY 24, 2016

You can use the difference in income to pay off debt, save or invest. Find all kinds of fun activities you can do at home. Stop using your credit cards. Credit cards make buying too easy and you usually end up buying too much when you use them. 20 Tips for Frugal Living.

Frugal Lives 49

Frugal Lives Frugal Living Frugal Magazine and Newspaper Subscriptions 49

Prairie Eco-Thrifter

JANUARY 6, 2011

Like many of us who have previously been in debt, I know how difficult financial management can be. Many of us have never been taught the basics as a child and once we reach adulthood, we find ourselves making poor financial decisions that take us down the road of debt. Consider consolidating. Don’t hit your limit.

Debt 113

Debt Finance Pay Off Debt Credit 113

Family Balance Sheet

FEBRUARY 3, 2016

How much debt did you pay off? What kind of debt was it? We paid off $7,665 worth of credit cards, school loans and a car loan. We started paying it off when we got married and became debt free just shy of our second anniversary. What inspired you to become debt free?

Debt 100

Debt Debt Free College Finds 100

Family Balance Sheet

JUNE 2, 2016

Career-wise while I studied biology at university I came out to find very few opportunities in my field. I sort of fell into a retail job just to make ends meet while I figured out what to do, only to find myself “typecast” into this role for the next 10 years, moving from one demanding position to another.

Debt 100

Debt Finds Debt Free Pay Off Debt 100

Family Balance Sheet

APRIL 12, 2016

How much debt did you pay off? What kind of debt was it? I had $56,000 of debt when I decided to become debt free. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. I had planned to pay it all off in 2.5 How long did it take you?

Credit Cards 100

Credit Cards Debt Debt Free Student 100

Family Balance Sheet

MAY 27, 2015

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. And this is just on a mortgage, not including any credit card or student loan debt.

Debt 100

Debt Debt Free Pay Off Debt Finds 100

Family Balance Sheet

JANUARY 20, 2017

It took us four years, but we paid off over $80,000 of debt! We are debt. medical bills, a small credit card, both of our cars, and student loans. debts one by one. We tackled our small credit card balance, then our. What inspired you to become debt free? you are debt free?

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100

Prairie Eco-Thrifter

OCTOBER 15, 2011

Money Reasons: Why I Got An American Express Blue Cash Card MR loves reward credit cards. He always pays his balance each and every month, and if you are like him too, then the American Express Blue Cash Card is for you! Read his take on this great rewards card. How do I pay it off faster?

October 200

October 2011 Finance Personal Finance 200

Family Balance Sheet

DECEMBER 10, 2014

How much debt did you pay off? What kind of debt was it? After my first marriage fell apart, I ended up with over $14,000 of consumer debt, made up of a car loan and credit cards. It took just over a year (14 months to be exact) before I paid off all my debts and became debt free!

Debt 227

Debt Debt Free Financial Goals Goals 227

Family Balance Sheet

JUNE 8, 2018

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. You can find that here: [link].

Budgeting 133

Budgeting Budget Financial Goals Goals 133

Saving Cents With Sense

FEBRUARY 17, 2016

Talk with your human resources department to find out the window during which you can sign up your new spouse to your coverage. Depending on your tax bracket and whether or not you have comparable incomes, you might find that the two of you will owe more in income taxes. Paying Off Debt.

Taxes 40

Taxes Debt Finance Wedding 40