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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

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Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. With tuition payments and debt payments we spent about $60,395 between January 2012 and March 2014 when we became completely debt free with two bachelor’s and two master’s degrees between us.

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Take Control of Your Money in 2015

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And 2015 is no different. Most of them are related to our small business, my husband’s chiropractic office, but last January I got a bee in my bonnet about debt…thank you, Dave Ramsey. Tantrum aside, it’s still going to take years, but there is room for us to make some considerable progress in 2015.

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Shannon & Her Husband Paid off $22,000 in 9 Months

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Today’s Debt Free Story is from Shannon. As many students do these days, we had tens of thousands of dollars of debt by the time we graduated with our Masters degrees. Living on two-incomes, we could have easily paid off our debt quickly, but we had no idea at the time that “debt free” was even a thing.

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Create your debt freedom plan

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After the FPU class, we looked at our debts differently. Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. To stay motivated I would listen to the debt-free screams on The Dave Ramsey Show. Pay Off Mortgage Debt.

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Take Control of YOUR Money in 2016

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While we made considerable headway in 2015 with reducing our debts, we missed our goal of paying off a loan by the end of the year. So in 2016, I will continue to share our journey to pay off our debt. And to stay motivated, I want to continue to share the successes of others with more Debt Free Stories.

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2019 Debt Freedom Plan Update

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After years of scrimping and saving and not spending extra money on things, we have achieved the biggest financial goal we have ever set for ourselves in our 19 years of marriage. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. 1 – Save a starter Home Emergency Fund. DONE 2015.

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5 Steps to Crush Debt in 2016 + FREE Debt Payoff Goal Tracker

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Read our 2016 Crushing Debt Guidelines here. 4 – Break your debt crushing goals down into timely steps. My husband and I had 3 large loans to pay off at the beginning of 2015, so we broke it down and planned to pay off 2 in 2015, leaving the last and largest loan to be paid off in 2016.

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