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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Today’s Debt Free Story is from Richard of Frugality Magazine , where he shares frugal living tips for financial freedom. How much debt did you pay off? What kind of debt was it? In total I estimate I paid off round $40,000 worth of debt, though depressingly a fair chunk of that was just interest.

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Find out how Maureen Paid off $79,540 in Credit Card & Student Loan Debt

Family Balance Sheet

Today’s Debt Free Story is from Maureen. She writes at A Debt Free Stress Free Life. Besides writing on my personal finance blog, A Debt Free Stress Free Life, I’m an adjunct professor at a local college and own a residential and commercial cleaning business. How much debt did you pay off? What kind of debt was it?

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How to Manage Your Personal Loan

Savings Corner

The worst-case scenario is that you get a loan without a clear picture of its impact on your monthly cash flow, leading you to take on more debt to make up for it. It can be psychological, says Tess Downing, a San Antonio-based financial planner. It comes down to your preference, she says, “and maybe just your own discipline.”

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The Worst Financial Decisions I’ve Seen

Prairie Eco-Thrifter

It is so easy to incur debt and keep deferring payment. A relative of mine gradually lost income and assets over a 20 year period, having lifestyle downsizing forced on him multiple times and in multiple ways, from loss of cars all the way to loss of hot water for showering and money for food. Giving away money you need to survive.

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Are You Middle Class?

Prairie Eco-Thrifter

Although that probably wasn’t true, by the numbers, it was true for us psychologically. It’s not just about the money. In What It Means To Be Middle Class Today , Money reported: “Median household income was $51,017 in 2012, according to the most recent U.S. Do the Rich Use Debt Differently? census data.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Money Cone: 9 Impulse Buys that Turned Out Better than Expected We’ve all bought stuff based on commercials that turned out nothing like how it was advertised. Live Real, Now: Make Extra Money, Part 6: Setting Up a Site In this installment of the Make Extra Money series, LRN is going to show you how to set up a WordPress site.

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How Growing Your Finances Is Like Gardening

Prairie Eco-Thrifter

Invest your time and money in institutions and investments that have ongoing value. Understand your money psychology and learn how to manage any quirks that might impede growth. All require pruning for growth, just as your investments and debts do. Prune down debt to make way for savings to build. Feed and water.

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