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

Family Balance Sheet

How much debt did you pay off? What kind of debt was it? All of our debt was $97,000 in student loan debt. We had been paying on it our entire marriage, but could not afford to pay too much above the minimum payment requirement. If married, who initiated the debt free goal?

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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%. But Dave Ramsey’s view of debt is very different. A student loan?

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

Family Balance Sheet

” But here’s the deal, many of these people have had challenges and tough circumstances, and more often than not, money wasn’t handed to them. Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Jessi and her husband paid off her student loans. with their goals.

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Find out how Lydia & her Husband Paid off $36,000 in Debt in 2 Years

Family Balance Sheet

How much debt did you pay off? What kind of debt was it? We paid off $36,000 in student loans, credit cards, cars and a bit of medical debt. What inspired you to get debt free? What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt.

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

They didn’t like debt, and as I grew up, neither did I. When my husband and I got married, we both brought debt into the marriage and I knew that I wanted to pay it off. I also wanted to pay off the student loans he had, and see him graduate without occurring any more debt.

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

Family Balance Sheet

In total I estimate I paid off round $40,000 worth of debt, though depressingly a fair chunk of that was just interest. I left university, as so many do, with a fair chunk of debt. Don’t assume the debt you owe is set in stone; being willing to ask can make a big difference! There were a number of things I tried.

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The Financial Effects of Marriage

Saving Cents With Sense

Paying Off Debt. If both of you are entering your marriage with debt, you might have previously been tackling your accounts in the ways that made individual sense. Once your finances are combined, however, you may need to rethink how you handle repaying old debts on things like credit card bills and student loans.

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