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

Family Balance Sheet

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. What inspired you to get debt free? They blog at 2 Copper Coins.

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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?

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Having a Hard Time Getting By? 3 Budget Leaks You May Be Experiencing.

Prairie Eco-Thrifter

The pattern seems to be that will have the initial conversation with the person (usually a co-worker, family member, friend, or acquaintance), and then I will see them again shortly thereafter; in one of my meetings with them after, there tends to be something said or done that makes a lightbulb go off in my head about why they may be struggling.

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

Family Balance Sheet

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. His 2017 goal is to make $100,000 in online income.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

But it’s a revolving debt that offers an amount of funds (a replenishable balance, similar to a credit card limit) tied to the level of equity in your home. Others use them to pay off high-interest credit card debt or other bills. $16 This might help shield your budget from fluctuating-rate increases. HELOC: What is it?

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5 Lessons Learned When Our Finances Went Awry

Family Balance Sheet

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. One of the hardest conversations I have had with my husband was when I told him that I didn’t know how we would pay our bills that month. Yep, life was good.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

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. As much as I wanted to be a property owner, the extra debt was beginning to suffocate us.

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