article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

Debt 130
article thumbnail

Carnival of Financial Planning – Money Management Edition #241 – June 15, 2012

Prairie Eco-Thrifter

” John presents Q1 2012 Credit Card Debt Study posted at Card Hub , saying, “The first quarter of 2012 indicates consumers are paying down credit card debt. Will this trend continue throughout the year, or will consumer credit card debt follow the same path it has in previous years?

Money 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Financial Effects of Marriage

Saving Cents With Sense

Health Insurance Concerns. If you both have employers that offer health benefits, and you both intend to remain at your positions, then you’ll need to compare the benefits programs and determine which are better for your individual medical requirements. The Taxes Difference. Paying Off Debt. Retirement Strategies.

Taxes 40
article thumbnail

Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. She paid off $41,587 in debt in 14 months! How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? I was inspired to get debt free for 2 main reasons: 1. We wanted to enter into marriage debt free. (He Where are you from? in 14 months.The

Debt Free 235