article thumbnail

Find out How Drew & Farrah Paid off $200k of debt, including their HOME

Family Balance Sheet

So I’m thrilled to bring you today’s story, because I actually watched this couple’s debt free scream when it was live on the show. Drew & Farrah’s Debt Free Story. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? Where are you from?

Debt 100
article thumbnail

Our Big Financial Goal for 2016

Family Balance Sheet

As God is my witness, it WILL be the year that we pay off the last of our non-mortgage debt. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan. Apply any Found Money to Debt. This will also be the year that we clean out our clutter. Restaurants.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Put Your Budget on a Diet: Saving Money by Living Medium

Prairie Eco-Thrifter

Because so many people are living on incomes that cannot support their spending habits; living on borrowed money, moving money from account to account, buying, spending, hiding the bills, and eventually the ‘dog of debt’ will catch up to you and bite you right in your credit report. Buy Store Brands.

article thumbnail

5 Ways to Trim Your Budget For Your Child’s College Fund

Prairie Eco-Thrifter

But those can saddle your children with debt for 20 years or more! Knowing exactly how much income is going out towards bills, unplanned expenses, and splurges is the first step in saving for a college fund. Going to the movies, having drinks with friends, or going to paid sporting events can be expensive. Eating Out.

College 100
article thumbnail

Financial Success: It’s Not Always About Your Income

Prairie Eco-Thrifter

My husband and I were graduate students with loans and credit card debt, and we were certain that a higher income would solve all of our problems. We both like to eat out. When I was younger, I used to think that a higher income was the solution to most of my financial issues. However, this isn’t always the case.

article thumbnail

How to Save Money From Salary Without Sacrificing Your Lifestyle

Penny Pinchin' Mom

Should you just pretend that you don’t have savings and increase your debt ? While you can control where and how you shop, you can’t control the need to eat. But think about how much you would be saving in terms of transport, drinks, food, entertainment, and the potential bail money should things get out of hand.

article thumbnail

20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. Eat out less. One of the biggest expenses you probably incur is eating out. The average person spends over $2,000 a year on eating out. Instead of eating out, pack your lunch. Drink water. Brown bag it to work.