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How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

It started with $40,000 in consumer debt (vehicles, credit cards, small student loan) and then sold our home and eliminated the $140,000 of mortgage debt. Renting, not having super nice furniture or cars, having mismatched dishes and bedding. We started cooking at home more, a big issue for us was eating out.

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Keeping it Simple: Strategies for Financial Security

Prairie Eco-Thrifter

This can be as simple as forgoing dinner out sometimes and cooking at home more; taking your lunch from home sometimes instead of always buying it; and the oldie but goodie – giving up one expensive Starbucks coffee a day. Debit cards allow you 24/7 access to your own money and help to reduce the use of credit cards.

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