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

Family Balance Sheet

Read more about Shannon’s debt free journey. What inspired you to get debt free? In January 2013 there was a blog post on Keeper of the Home that first awakened me to the concept of living debt free. We were living on one income that placed us just at the top of lower class income level.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. It’s a question of how to ensure the gains outweigh the losses.

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

Family Balance Sheet

Just as others may struggle with staying on budget, we struggled in dealing with not having much time for each other or as a family during that time. How often do you and your spouse discuss your finances/budget/spending? This is a huge celebration for us in living debt free!

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

Family Balance Sheet

How often do you and your spouse discuss your finances/budget/spending? I wrote my book, The Spender’s Guide to Debt-Free Living: How a Spending Fast Helped Me Get From Broke to Badass in Record Time , so people who really want to be debt-free can have a step-by-step guide on how to do it just like I did.

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P.E.P. for the Week of February 14-18/11-Planning Edition

Prairie Eco-Thrifter

Canadian Finance Blog tells us why living debt free doesn’t help our credit score. I like the idea of helping them out with setting up a budget. I have never owed that much on a credit card but I have had issues with paying them off in the past. Why not prevent this problem by following his tips. Great ideas.

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

Family Balance Sheet

How often do you and your spouse discuss your finances/budget/spending? We do budget together EVERY SINGLE MONTH. Because each month needs a different budget based on the circumstances you’re currently in. I carry the budget envelopes in my purse, because if Barry carried them in his pockets, that would just be weirdo.

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