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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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It Really Does Get Better

Prairie Eco-Thrifter

Miss T, in her post “ Remember, Slow and Steady Wins the Race ” states “After failing [to get out of debt] a couple times, I came to the realization that I needed a new plan, one that was attainable and manageable for the long term. Paying off debt is great but having no quality of life in the process is not the way to do it.

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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

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? Was there something that you gave up that you will go back to now that you are debt free? I didn’t really have to give up a lot while I was getting out of debt.

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

Family Balance Sheet

Yes, I did follow a few of Dave Ramsey’s strategies, but I also starting reading other finance blogs to see how they paid off debt so quickly. Many of their ideas were inspiring and their stories continued to motivate me through the entire process. What are the top 3 – 5 ways you found money to put towards debt.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

If you figure that out you can then work to find healthier ways to fill the void and you can free yourself permanently from the bonds of debt. We tend to get so wrapped up wishing and dreaming about the end result that we never start the process. ” Pay off Debt. Make a commitment. . S = Be SPECIFIC.