Remove Clothes Remove Eating Out Remove Pay Off Debt Remove Process
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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Personally I believe that getting out of debt is as much about psychology as it is about systems and processes. Arguably if I’d known about all the great free advice around at that time I’d have got out of debt sooner, but in the early days it was really a case of trying to figure it out for myself.

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

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. Some items are fixed and are recurring each month, but other things are variable (change month to month) such as groceries, heating/cooling, clothing, restaurants. Total your expenses.

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

Family Balance Sheet

And I cut back on lifestyle – cooking food at home, taking the bus to work vs driving and paying for parking, etc. Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Consignment stores and auctions are a great way to buy clothes and furniture at low prices.