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

Family Balance Sheet

We had tried other methods in the past, but found this one suited us best since it forced us to focus on one goal at a time, rather than trying to do it all (pay off debt and contribute to savings and retirement). What are the top 3 – 5 ways you found money to put towards debt.

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

Family Balance Sheet

The income from my extra jobs went straight to debt payments, and my regular day job paid the bills, while enabling me to build up a small amount of savings. I also downsized my lifestyle and sold extra furniture, clothes, and jewelry, on Craigslist.

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

Family Balance Sheet

Consignment stores and auctions are a great way to buy clothes and furniture at low prices. How did you celebrate when you became debt free? What habits did you form while being debt free that will now stick with you for the long term? Definitely a monthly budget – I always create one every month.