Remove Banking Remove Building Remove Debt Remove Financial Goals
article thumbnail

How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?

Debt 100
article thumbnail

Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Today’s Debt Free Story is from Richard of Frugality Magazine , where he shares frugal living tips for financial freedom. How much debt did you pay off? What kind of debt was it? In total I estimate I paid off round $40,000 worth of debt, though depressingly a fair chunk of that was just interest.

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

What to Do With Money: A Mom’s Guide to Smart Money Management

Penny Pinchin' Mom

Pay Down Debt Yes, this is a good way to set yourself up financially. Getting out of debt should make the top three of your financial priorities. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating. Set personal and financial goals for your savings.

Money 52
article thumbnail

Are Peer Loans Too Risky or the Way of the Future?

Prairie Eco-Thrifter

Around since just before the financial crash, peer lending got the same black-eye as all credit when the bubble burst on sub-prime loans. Five years later, heavy regulatory costs on community banks and limited growth in traditional lending are driving borrowers online and investors couldn’t be happier with the returns available.

Debt 188
article thumbnail

Get your FREE Family Balance Sheet Excel Spreadsheet

Family Balance Sheet

The spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. At times over the years, my husband thought our focus was too heavy on the cutting and the reducing of expenses, and and not enough on the building and the increasing of income. Change #1.

Family 100
article thumbnail

What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. You will also start to repay the money.

Debt 52
article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Alan and I are now completely retired and financially secure, but it was our frugal ways that got us here, and our habits have not changed. We lived off my salary and banked Alan’s even before we were married so that we could build our own house (literally), paying cash as we went. What’s your best frugal win?