Remove Consumer Remove Financial Goals Remove Pay Off Debt Remove Saving
article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

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
article thumbnail

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

Family Balance Sheet

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is A Personal Loan?

Savings Corner

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
article thumbnail

How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

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
article thumbnail

Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

But in the end, we ended up making enough profit to pay off our debt entirely and still put some into savings! What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. The money that we used to spend on debt now goes into savings.

Student 100
article thumbnail

Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

They are also there working with you to help you reach your goals; even those financial goals. Control Your Cash from Control Your Cash boldly says Your Smart Car Isn’t Saving the World. ElizabethG from Modern Gal shares how she is Coping with Bad Financial News. A plan B is a must in any home.