Remove Clothes Remove Debt Remove Financial Goals Remove Process
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How to Achieve Your Financial Goals (tips from the achievers)

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Wonder what sets you apart from the people that seem to crush their financial goals? 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. Jessi and her husband paid off her student loans.

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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? Tell us about you and your family. Where are you from?

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

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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.

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How We Frugal-ed in July 2022

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Our financial goals are still important to us and we want to hit them regardless of the rising prices. This includes check-in, waiting my turn for a bed, and the actual donation process. I allocated cash every month to the non-fixed categories like groceries, restaurants, clothing, and miscellaneous and stuck to the allocation.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

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Today’s Debt Free Story is from Jessica. She owns Every Single Dollar , an online financial resource dedicated to helping single women make informed financial decisions and set themselves up for financial success. How much debt did you pay off? What kind of debt was it? Tell us about yourself.

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How to Start a Budget (and be successful at it!)

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I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. If you have financial goals, budgeting will be an important tool to reaching those goals.

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25 Ways to Find Money for Your Emergency Fund

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He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Personally, I think a starter fund should be $2000-$3000.