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10 Smart Ways to Become Debt Free

Family Balance Sheet

It’s no secret, I am fascinated, encouraged, and border-line obsessed with debt freedom. The idea of becoming debt free makes me downright giddy. So I love to hear the success stories of others who have found debt freedom. What did they specifically do to become debt free? How did they make it happen?

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How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story.

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Meet Stacy. She and her husband paid off $20,000 in 8 Months.

Family Balance Sheet

Today’s debt free story is from Stacy. How much debt did you pay off? What kind of debt was it? We were debt free before I was 30 , including our home. The only debt we had was a mortgage – however when we first got married we were stupid and bought a Mercedes. Live junk and debt free!

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Find out how Maureen Paid off $79,540 in Credit Card & Student Loan Debt

Family Balance Sheet

Today’s Debt Free Story is from Maureen. She writes at A Debt Free Stress Free Life. Besides writing on my personal finance blog, A Debt Free Stress Free Life, I’m an adjunct professor at a local college and own a residential and commercial cleaning business. What kind of debt was it?

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

Family Balance Sheet

Their 2017 goal is to pay off the remaining balance on their mortgage ($27,900) and be DEBT FREE! Jackie and her husband paid off $147,000 of debt in 10 years and are debt free. My husband and I also have a goal of debt freedom, but we’ve put together micro-S.M.A.R.T. goals to get us there. .”

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My #SavingsPledge Goal

Saving With Shellie

We’ll see how much I’m able to save on electricity and gas by taking these steps. I encouraged you to build an emergency fund or pay down debt with your savings. Deidre at Cuckoo for Coupon Deals is pledging to be Debt Free in Three Years. But remember, little goals are a great start.

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Sigh.

Finally Frugal

I'm pretty sure I've mentioned my 15 (almost 16) year old 'beater' car, which I'm trying to keep running until I'm debt-free. For the last few months, I've noticed some 'sputtering' in the engine when I put my foot on the gas after changing gears. Since I take public transportation, I put about 2,500 miles a year on it, if that.