article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. As hard as it was to do, we stopped contributing to our retirement for about three years and applied that money to these loans. Health Sharing Ministry. My grocery strategies: How to Save Money on Groceries.

Debt 130
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. Read our Health Insurance Story: . What We Left Traditional Health Insurance.

article thumbnail

Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

Family Balance Sheet

The company I had worked at for 12 years when I started my journey in January 2013, announced it would be making significant job cuts summer 2013. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Start by categorizing where you have been spending money.

Debt Free 235