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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

We paid off $68,000 of debt in eight months. The debt included about $30,000 in student loans, some medical debt, IRS debt, and a small amount on a credit card. What inspired you to get debt free? What are the top 3 – 5 ways you found money to put towards debt.

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20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. Shop around at garage sales, thrift stores and online classifieds for furniture and other household items. Stop using your credit cards. Credit cards make buying too easy and you usually end up buying too much when you use them.

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

At the same time my credit card debt was slowly creeping upward too thanks to my minimal income. I was earning more each year and the debt I was carrying was covered each month without too much worry. Was there something that you gave up that you will go back to now that you are debt free? That electric drill?

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