Motherhood Moments
JANUARY 18, 2023
Prepare ahead of time and create a bare bones budget that includes only your essentials — think food, shelter, clothes, transportation and insurance — so you have a plan in the event that you experience a loss of income or need to cut expenses suddenly. Prepare by paying off debt. Prepare for the unexpected.
Family Balance Sheet
NOVEMBER 5, 2014
We paid off just over $23,000 in one year and four months. The debt consisted of my student loans and a car loan. What inspired you to get debt free? Was there a particular event? When my wife and I got married, we both made the decision that our first financial priority would be becoming debt free.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Family Balance Sheet
SEPTEMBER 29, 2016
Other than the student loans, everything else was consumer debt from 13 years of trying to “keep up with the Jones’ “ We finally managed to get the debt paid off two years and two weeks from the time we started this journey. What inspired you to become debt free? Was there a particular event?
Family Balance Sheet
JUNE 16, 2015
We paid off $36,000 in student loans, credit cards, cars and a bit of medical debt. What inspired you to get debt free? Was there a particular event? So I take the clothing or grocery budget and stretch it as far as I can. How did you celebrate when you became debt free? To pay off our home early.
Family Balance Sheet
JANUARY 20, 2017
debts one by one. What inspired you to become debt free? Was there a particular event? working full time at a low-paying job and going to grad school full time, while my husband was working multiple jobs just to help us make ends meet. What habits did you form while being debt free that will now stick.
Family Balance Sheet
DECEMBER 10, 2014
I was only bringing home a net income of $3,000 a month, so paying $1,000 each month towards my debt was a lot of money, and took a lot of sacrificing. What inspired you to get debt free? Was there a particular event? The main event that catapulted me into wanting to be debt free, was the lowest point in my life to-date.
Family Balance Sheet
JUNE 2, 2016
What inspired you to get debt free? Was there a particular event? It was getting to the point that as soon as I got paid, covered my monthly bills and made the required debt repayments my bank account was back to zero again. That meant no vacations, no new clothes, no eating out, nothing. Yes, but not yet!
Expert insights. Personalized for you.
100 
Let's personalize your content