10 Smart Ways to Become Debt Free

Family Balance Sheet

It’s no secret, I am fascinated, encouraged, and border-line obsessed with debt freedom. The idea of becoming debt free makes me downright giddy. So I love to hear the success stories of others who have found debt freedom. What did they specifically do to become debt free?

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Meet Aja. She & her husband Paid Off $110,000 in Debt

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Today’s debt free story is from Aja. How much debt did you pay off? What kind of debt was it? We paid off about $110K worth of debt. We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ).

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

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Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. have barely any bills and be able to live off passive income.

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

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I watched her and her husband’s debt free scream on The Dave Ramsey Show. You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. worth of debt.

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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

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Today’s Debt Free Story is from Amanda & Daniel. Together they blog about becoming debt free and location independence in order to serve the world at Life with a Mission. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free?

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Find out how Lydia & her Husband Paid off $36,000 in Debt in 2 Years

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Today’s Debt Free Story is from Lydia. She blogs about living a limitless life on a limited budget at Frugal Debt Free Life. How much debt did you pay off? What kind of debt was it? We paid off $36,000 in student loans, credit cards, cars and a bit of medical debt.

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Find out how Maureen Paid off $79,540 in Credit Card & Student Loan Debt

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Today’s Debt Free Story is from Maureen. She writes at A Debt Free Stress Free Life. Besides writing on my personal finance blog, A Debt Free Stress Free Life, I’m an adjunct professor at a local college and own a residential and commercial cleaning business.

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Find out How Brian & His Wife Paid off $109,000 in Credit Card Debt

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Today’s Debt Free Story is from Brian. He writes at Debt Discipline about about how his family of 5 deals with money, budgets and debt. I started my blog Debt Discipline to help keep us accountable while paying off our debt. How much debt did you pay off?

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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. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us.

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Our 2017 Debt Freedom Plan Update

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As I reflect back to January 2016, I started that year pretty determined to pay off the balance of our non-mortgage debts. Unfortunately, we did not hit that goal and in part, have made some major changes to our Debt Freedom Plan. Our goal is still debt freedom.

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

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Welcome to Debt Free Stories. How much debt did you pay off? What kind of debt was it? The debt consisted of my student loans and a car loan. What inspired you to get debt free? What are the top 3 – 5 ways you found money to put towards debt.

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Find out how Jessica & Her Husband Paid off $175,000 of Debt

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Today’s Debt Free Story is from Jessica. How much debt did you pay off? What kind of debt was it? 130K in mortgage debt. 10K in car payments, $35K in credit card debt. We made the decision to tackle our debt back at our home church in Chattanooga.

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

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Today’s Debt Free Story is from Carrie. How much debt did you pay off? What kind of debt was it? After my first marriage fell apart, I ended up with over $14,000 of consumer debt, made up of a car loan and credit cards. What inspired you to get debt free?

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

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Today’s Debt Free Story is from Charissa. How much debt did you pay off? What kind of debt was it? We started paying it off when we got married and became debt free just shy of our second anniversary. What inspired you to become debt free? Debt Free Stories

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3 Smart Steps to a Debt Free Christmas

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The average American will spend about $700 on holiday purchases* and unfortunately many people will get a little surprise in the mail in January when the credit card bills start rolling in. 3 Smart Steps to a Debt Free Christmas. Take these steps and have a Debt Free Christmas.

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Prepare Now for a Debt Free Christmas

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In January 2015, we will not have a feeling of dread when the credit card bills start rolling in. Instead, we’ll start the new year off right because we celebrated a debt free Christmas. 2 Ways to Prepare for a Debt Free Christmas.

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Which Bill Payments to Prioritize When You’re Broke

Prairie Eco-Thrifter

Even though the future may offer a brighter hope, one thing that is dim at the moment of crisis and that is, even if you do not have any money anymore, the bills will continue to come. Good money management technique is what you need to get the bills paid.

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10 Ways to Recover From Christmas Debt

For the Mommas

10 Ways to Recover From Christmas Debt. The following tips are meant to help you recover without becoming overwhelmed by your Christmas debt. #1: 1: Accept the Debt. But, do you seriously think there is going to be a time when your Christmas debt is going to seem smaller?

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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. How much debt did you pay off? What kind of debt was it? As many students do these days, we had tens of thousands of dollars of debt by the time we graduated with our Masters degrees. What inspired you to get debt free?

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5 Ways to Reduce Your Debt

Prairie Eco-Thrifter

Are you currently in debt? Are you feeing overwhelmed with the number of bills or creditors you have to pay off? Like many of us who have previously been in debt, I know how difficult financial management can be. It will also help you manage any additional debt.

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5 Ways to Lower Your Monthly Bills

Prairie Eco-Thrifter

I myself struggled for many years paying my own bills, but have since found numerous ways to save money. You see, it’s ok to reward yourself once in a while, but if you are really looking to get out of debt faster, then you owe it to yourself to save every penny that you can.

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Meet Stacy. She and her husband paid off $20,000 in 8 Months.

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Today’s debt free story is from Stacy. How much debt did you pay off? What kind of debt was it? We were debt free before I was 30 , including our home. What inspired you to get debt free? What are the top 3 – 5 ways you found money to put towards debt.

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Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

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Today’s Debt Free Story is from Acadia. How much debt did you pay off? What kind of debt was it? All of our debt was $97,000 in student loan debt. We ended up buying a house from a relative, which put us in even more debt. Can you cut your cable bill?

Find out how Anna paid off $23,605 in college, personal loans, and credit cards.

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Today’s Debt Free Story is from Anna. She is on a mission to help others become debt free. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? What are the top 3 – 5 ways you found money to put towards debt.

My Life Plan

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At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. Our Financial Goals: Pay off our non-mortgage debt. Pay off our mortgage debt.

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Our 2019 Financial Goal

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That’s the amount of our medical bills we need to pay before our bills are covered by the members’ shares. Unfortunately, we had a medical event in 2017 and we were on the hook for the first 10k of bills. Related Reading: Our original Debt Freedom Plan.

Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

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Today’s Debt Free Story is from Olivia. We are both planners and despise wasting money on debt/interest, which is what led us to pay off our mortgage as soon as we could! How much debt did you pay off? What kind of debt was it? We paid off a total of $118,000 debt.

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A Goal Without a Plan is Just a Wish

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However a few years ago, we found ourselves with too much debt and not enough cash. Within a year after settlement, we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. Our Debt Freedom Plan

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Find out How Chris & His Wife Paid off $52,000 in 7 Months

Family Balance Sheet

Today’s Debt Free Story is a guest post from Chris Peach. We sat down at our kitchen table, took out a simple white piece of paper, and penned out a contract to ourselves: It was our Get Out Debt Contract. Our goal was simple: Pay Off Our Debt and Never Go Back Again.

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Learning to Save & Pay Off Debt | Guest Post

Saving Cents With Sense

Then more than a year ago something in me changed after a health scare and I realized that it’s important to pay off debt and save more than ever. I’m currently taking care of my debt one month at a time. However, I know now that paying off debt is more important.

5 Lessons Learned When Our Finances Went Awry

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We carried no credit card debt and we contributed to our retirement. We had a lot of debt, not enough cash flow, and very little set aside for emergencies. The extra debt that we took on was beginning to suffocate us, so I sat down and created a step-by-step plan.

How Krystal and Josh paid off $80k in 4 years!

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I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. towards debt.

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Best laid plans.

Finally Frugal

Unfortunately, my credit card bill has now expanded to match the frustration I was feeling last week as I cleaned up the floor multiple times. I can pay all of my bills and then some. bills debt health

“We’re Going to Hawaii when…”

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Our Debt Freedom Plan includes a family trip to Walt Disney World after we pay off our non-mortgage debt and a trip to Hawaii to celebrate paying off our mortgages. More Debt Freedom posts: Our Debt Freedom Plan. WHY We Want to be Debt Free.

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An update to celebrate the new year.

Finally Frugal

We we begin the new year, I wanted to update my debt repayment status. I've made a dent in my student loan debt, though it has come at the cost of my mortgage debt, unfortunately. goals debt student loanGreetings!

How to Achieve Your Financial Goals (tips from the achievers)

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They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. Meet The Achievers: Deacon and his wife paid off $52,000 in debt in 18 months.

Recycle USA Printable Coupon: Get 2 Cents More Per Pound on Aluminum

Birmingham Bargain Mom

This is a great way to earn extra cash towards bills, paying off debt or even special vacations -- selling metal or aluminum cans. Bargains Deals Earning cash

Friday Links – Hate the Darkness Edition

Prairie Eco-Thrifter

Have you seen the new $100 bill? Jason talks about the New 100 Dollar Bill – What Changed? Alexa from Defeat Our Debt has some great tips for those of you struggling to pay off your debt. Don’t miss her post on 5 Drastic Ways to Free Up Money for Debt Repayment.

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Should You Co-Sign a Loan for Someone Else?

Prairie Eco-Thrifter

With everything that’s going on right now, we can’t really afford to take on that kind of debt obligation. Are You Prepared to Take on That Debt? So, if the borrower doesn’t pay, you have agreed to cover the debt.

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Friday Links – Time is of the Essence Edition

Prairie Eco-Thrifter

Pauline from Reach Financial Independence shares 5 ways to get out of debt , to show how you can accelerate your debt payments to become debt free earlier. Grayson from Debt RoundUp wants to know Why is Prepaid Such a Dirty Word? Happy Friday everyone.

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Remember, Slow and Steady Wins the Race

Prairie Eco-Thrifter

Ask yourself : Do you start saving or paying off debt with a superhuman resolve- determined to avoid all temptation- only to fall off the wagon and give up hope in a matter of a few days? When it comes to debt, start off with a payment that allows you to still pay off your monthly bills.

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5 Financial Mistakes Married Couples Should Avoid

Prairie Eco-Thrifter

Running Up An Enormous Credit Card Bill. It can be so easy to run up thousands of dollars in debt just by using that credit card. Debt and an uncontrollable spending habit is probably the most common issue that causes fights between couples. For richer or poorer.

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Create a Personal Escrow Fund | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Do you go into panic mode when your car insurance bill arrives? Does your property tax bill give you anxiety?