Family Balance Sheet

SEPTEMBER 9, 2014

We paid off over $147,000 in debt (actually way over that amount, if you want to count a $210,000 rental property that I sold at a slight loss.) About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Then my husband decided to pay off his car.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Savings Corner

DECEMBER 24, 2023

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

Debt 52

Debt Credit Cards Credit College Tuition 52

Family Balance Sheet

SEPTEMBER 29, 2016

We had two student loans that still had balances, even though we’d already been paying on them for 10 years. 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).

Debt 100

Debt Debt Free Budgeting Budget 100

Family Balance Sheet

JULY 2, 2015

We have been given money ourselves during our process of paying off debt and try to remain grateful and giving. If married, who initiated the debt free goal? Were there arguments during the time you were working on your debt? We are no longer tied down to a mortgage and student loan debt.

Student 100

Student Debt Debt Free Finds 100

Prairie Eco-Thrifter

JULY 4, 2011

They are also there working with you to help you reach your goals; even those financial goals. Junior Boomer from Consumer Boomer asks Is It Better To Save Or Repay Debt? Jeff Rose from Good Financial Cents shares Questions to Ask About Balance Transfer Cards.

Personal Finance 240

Personal Finance Finance Family Debt 240

Family Balance Sheet

DECEMBER 10, 2014

How much debt did you pay off? What kind of debt was it? After my first marriage fell apart, I ended up with over $14,000 of consumer debt, made up of a car loan and credit cards. It took just over a year (14 months to be exact) before I paid off all my debts and became debt free!

Debt 227

Debt Debt Free Financial Goals Goals 227