article thumbnail

Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

My wife is in sales for a software company and I am a fundraiser for a local non-profit that helps the homeless. Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. The tension would come when we didn’t have a plan and didn’t communicate about finances.

Debt Free 241
article thumbnail

How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

works in outbound sales, and I teach part-time. emergency fund, so we started throwing what little extra we had straight. what is on sale and plan meals based on those ingredients. 2 – Shop for meats that are on sale. Communicating well and communicating often has made talking about. My husband.

Debt 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Family Balance Sheet

Once the goals are set, they focus on one step at a time and communicating regularly. We have found after 16+ years of marriage that if we do not communicate regularly about our finances, we tend to over-spend, argue, make assumptions, and become complacent. Save for emergencies. Read: How to Build your Emergency Fund.

article thumbnail

Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

Grocery shopping wisely – We shop at affordable stores, shop the ads/sales, and menu plan. Constant communication is so important. Make sure to have an emergency fund so you’re not put back into debt when something comes up. I talk a lot about this in my post “Top 4 Ways to Pay Off Debt” but they include: 1.

Debt 100