Remove Emergency Fund Remove May Remove Pay Off Debt Remove Tips
article thumbnail

Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

What are the top 3 – 5 ways you found money to put towards debt. Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. We all the extra money we had been putting away toward debt reduction. Make paying off debt a priority.

Debt Free 241
article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

Debt 236
Insiders

Sign Up for our Newsletter

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

article thumbnail

Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

However, since paying off our debt, I have become a much bigger fan of the baby steps laid out by Dave Ramsey and really see the wisdom in paying off debt in that fashion. What are the top 3 – 5 ways you found money to put towards debt. My top tips to pay off your debt would be the following.

Debt 100
article thumbnail

Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

, and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. Your City or County May Have Free Money For You. Often times, home buyers may not be aware that free money for a down payment on a house is still available for qualified buyers.

article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. For example, if today is May 22, then follow these steps to plan for June’s budget. If you’re spending too much at restaurants, read: 15 Smart Tips to Save Money When Eating Out .

Budget 133