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. Quitting my job is one of the things being debt free has enabled us to do. If you want to become debt free, I’m here to tell you it is TOTALLY worth all the time, effort, and frustration. How much debt did you pay off?

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Friday Links – Long Weekend Edition

Prairie Eco-Thrifter

Check them out: Good Reads From The Blogosphere: When you’re aggressively trying to pay down debt, you may feel that you’ve done all you can to curb your expenses, but have you really? Don’t miss Melissa’s post at My Personal Finance Journey if you Think You’re Sacrificing to Pay Down Debt? If so, read Crystal’s post about how to Become a Product Tester for Free Swag on Budgeting in the Fun Stuff.

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Money Anxiety. Let It Go.

Prairie Eco-Thrifter

As an actress, I often face periods of unwanted unemployment. Rather than letting myself become overwhelmed by money anxiety every time a show closes, I live my life in a way that allows me to be prepared for unemployment and inconsistent income at any time. By maintaining a cash cushion in the form of an emergency fund, I feel protected rather than anxious when returning to the unemployment line.

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Fortunately, there is no one size fits all plan to debt reduction. While this may be one of the quickest ways to sock away money for the purpose of debt reduction, it’s likewise the least pleasurable.

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So here’s what I got.

Saving In Akron

I did not go into debt for this vehicle. Lack of debt means freedom and the ability to make the choices you want to make. My husband spent 8 months of those two years unemployed and looking for a job because we could no longer afford our health insurance. I am sharing this with all of you because I want to support you not just in getting the best deals for yourself, but in maintaining a debt free lifestyle.