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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Daniel cut some of his business expenses by cutting out a monthly fee for a co-working space and cutting out monthly charges for services he didn’t need anymore. Who initiated the debt free goal? Were there arguments during the time you were working on your debt? It’s feels nice to spend money on a date night out.

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Find out how Jessica & Her Husband Paid off $175,000 of Debt

Family Balance Sheet

We had become so accustomed to living off both incomes that we really had to re-adjust a few lifestyle choices so we could live off just my husbands income. This ultimately is what put us on the fast track for paying off debt in such a quick amount of time. If married, who initiated the debt free goal?

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How We Paid off Six Figures of Debt

Family Balance Sheet

I don’t make a lot of income on this blog, and it has definitely decreased recently as I’ve reduced my hours spent blogging. But once we started our Debt Freedom Plan, we cut restaurants back to once a week. When we did eat out, we followed these rules: 15 Smart Tips to Save Money When Eating Out.

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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

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. I talk a lot about this in my post “Top 4 Ways to Pay Off Debt” but they include: 1.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

And I cut back on lifestyle – cooking food at home, taking the bus to work vs driving and paying for parking, etc. Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. What habits did you form while being debt free that will now stick with you for the long term?