Remove Credit Cards Remove Emergency Fund Remove Pay Off Debt Remove Re-use
article thumbnail

Create your debt freedom plan

Family Balance Sheet

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. At that time, we didn’t consider all debt to be dumb.

Debt 130
article thumbnail

Over 40 and Worried about Money? Start here!

Family Balance Sheet

They’re taking a gap year between high school and college. We’re struggling with it all too. If you’re married, you MUST do this with your spouse.) We charted out our course of action to pay off debts and start saving for retirement. Although I have not personally used this resource.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Family Balance Sheet

We live in metro Phoenix, in a 70s tract house that we’ve been gradually re-doing. 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.) From start to finish it took us a very long time — I would guess 10 years.

Debt 236
article thumbnail

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

Family Balance Sheet

Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Chris and his wife made a financial goal to switch to an all cash lifestyle, instead of relying on credit cards. Their 2017 goal is to wipe away $30,000 from their mortgage to keep them on track to pay it off in 36 months.

article thumbnail

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

Family Balance Sheet

We’re typical Canadians that spend most of our free time in the fall and winter months inside arenas. We had two student loans that still had balances, even though we’d already been paying on them for 10 years. We also had four credit cards, two lines of credit, and a car loan.

Debt 100
article thumbnail

Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

You will learn exactly what settings, plugins, and themes he uses. Don’t Quit Your Day Job: Refinance Your Mortgage and Pay the Same Amount? Good Financial Cents: What to Watch For With Debt Settlement Companies Considering using a debt settlement company? Read his take on this great rewards card.

October 200
article thumbnail

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

Family Balance Sheet

It took us four years, but we paid off over $80,000 of debt! We are debt. medical bills, a small credit card, both of our cars, and student loans. burden for us at first were the medical bills. out and it gave us the momentum we needed to focus on all of our other. debts one by one.

Debt 100