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How We Paid off Six Figures of Debt

Family Balance Sheet

With that much debt, we needed some go big or go home heavy hitters that would make a big impact on debt reduction. We started with 5 loans and paid the smallest loan off first while making the minimum payments on the other 4 loans. In September 2001, we bought a 1700 square foot home with a one-car garage and ONE full bathroom.

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