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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. Include anything that you’d like to add to give the reader an idea about your personality. What inspired you to get debt free? When my wife and I got married, we both made the decision that our first financial priority would be becoming debt free.

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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Your first assignment: Take the first step and calculate your debts by using my FREE Family Balance Sheet. The link will give you all of the information you need to complete the sheet. 2 – Create your Debt Freedom Plan. A leaky roof was one of the priorities to give you an idea. 5 – Celebrate your wins.

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

Family Balance Sheet

Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. Include anything that you’d like to add to give the reader an idea about your personality.

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Create your debt freedom plan

Family Balance Sheet

Yet after listening to Dave’s approach, I knew I didn’t want to be anybody’s slave and if I was being honest with myself, the total amount of debt payments we made every month was ridiculous. There were a lot more fun and purposeful things we could have done with that money than pay the lender. Pay Off Mortgage Debt.

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

Penny Pinchin' Mom

However, if you pay off these debts, there will be nothing left for investments in these tough financial times. You are one emergency short of losing track of your finances. What gives? If you are confused about whether you should pay off debt or save, you are not alone, although everyone’s financial situation is different.

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Our Debt Freedom Plan | Marriage & Money

Family Balance Sheet

But I personally don’t want to be any body’s slave and the total debt payment we make every month is astounding. There is so much we could do with that money other than pay the lender. After the FPU class, we looked at our debts differently. Using Dave Ramsey’s 7 baby steps, we created our Debt Freedom Plan.

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2019 Debt Freedom Plan Update

Family Balance Sheet

After years of scrimping and saving and not spending extra money on things, we have achieved the biggest financial goal we have ever set for ourselves in our 19 years of marriage. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. 1 – Save a starter Home Emergency Fund.

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