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Find out how Anna paid off $23,605 in college, personal loans, and credit cards.

Family Balance Sheet

It was a mix of college loans, a personal loan from my parents (for college), an overdraft account, and credit card debt. What inspired you to get debt free? I had tried a lot of different things to get out of debt but nothing worked. I thought I’d die with my debt but here I am living debt-free.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. This is why you should pay off your high-interest debts like credit cards first.

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FREE Dave Ramsey Download

Saving With Shellie

This is audio lesson will teach you about Dave’s Debt Snowball Method and how to start the process of living debt free. We did two of the steps out of order and we still use our credit cards (responsibly). Stan and I do our own modified version of Dave’s plan.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Read more about Shannon’s debt free journey. What inspired you to get debt free? In January 2013 there was a blog post on Keeper of the Home that first awakened me to the concept of living debt free. We were living on one income that placed us just at the top of lower class income level.

Debt Free 100
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Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

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
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P.E.P. for the Week of February 14-18/11-Planning Edition

Prairie Eco-Thrifter

Financial Highway tells us how he paid off $50,000 of credit card debt. I have never owed that much on a credit card but I have had issues with paying them off in the past. Canadian Finance Blog tells us why living debt free doesn’t help our credit score. Congrats!!

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