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
article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. We engaged in many strategies to find extra money to put towards the debt: We cut cable TV and our land line.

Debt 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Saving Tips & Free Crediting Monitoring

For the Mommas

Saving more (52%), spending less (19%) and paying off debt (19%). Eliminate expensive membership fees (i.e. If you’re still worried you’ll break your resolution, consider motivating yourself by money. Paying Off Debt. The top 3 financial resolutions? Bring your lunch to work more frequently.

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. I would never tell someone to cancel the gym membership if they use it, and if you do use a gym membership, find out how my husband got a FREE family gym membership. They will be helpful.

Budgeting 133
article thumbnail

Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

Yes, I did follow a few of Dave Ramsey’s strategies, but I also starting reading other finance blogs to see how they paid off debt so quickly. Many of their ideas were inspiring and their stories continued to motivate me through the entire process. Her ideas were simple to implement and only took a few minutes a day.

Debt 227