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Find out how Anna paid off $23,605 in college, personal loans, and credit cards.

Family Balance Sheet

It was a mix of college loans, a personal loan from my parents (for college), an overdraft account, and credit card debt. What inspired you to get debt free? I had tried a lot of different things to get out of debt but nothing worked. I thought I’d die with my debt but here I am living debt-free.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. We’ll start by considering each option separately.

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FREE Dave Ramsey Download

Saving With Shellie

This is audio lesson will teach you about Dave’s Debt Snowball Method and how to start the process of living debt free. We did two of the steps out of order and we still use our credit cards (responsibly). Stan and I do our own modified version of Dave’s plan.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Luckily, even without misguided financial beliefs, we did pay off a significant portion of our debt before having kids. At the point when we finally got serious about paying off our debt we had $22,047 left. Read more about Shannon’s debt free journey. Read more about Shannon’s debt free journey.

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