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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Today’s Debt Free Story is from Amanda & Daniel. Together they blog about becoming debt free and location independence in order to serve the world at Life with a Mission. How much debt did you pay off? What kind of debt was it? We paid off $68,000 of debt in eight months. Who initiated the debt free goal?

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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. Thankfully, we have worked through those trials and the experience actually made a positive impact on our finances. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan.

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How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

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

Family Balance Sheet

Today’s Debt Free Story is from Richard of Frugality Magazine , where he shares frugal living tips for financial freedom. How much debt did you pay off? What kind of debt was it? In total I estimate I paid off round $40,000 worth of debt, though depressingly a fair chunk of that was just interest.

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Having a Hard Time Getting By? 3 Budget Leaks You May Be Experiencing.

Prairie Eco-Thrifter

Money is only as taboo as the person who is holding back from talking about it dictates, and because I have no fear when it comes to bringing finances up, people with whom I speak about money tend to be more open. Many people are, and you’re not alone. per lunch x 4 days per week = $16/week. Men are as guilty of this as women are.

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10 Reasons You’re Broke

Prairie Eco-Thrifter

If you make $50,000 a year after taxes and spend $60,000 a year, your finances are going backward. Sure you know you are in debt over your head. But there is no way you are going to give up cable, the cell phone, eating out or your gym membership. So you continue to get further in debt as you continue to spend.

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Meet a Reader | Biker Liz

The Frugal Girl

I don’t want to feel like I’m wasting all the gifts I’ve been given, including my finances. I was in 4th grade, and had 2 younger siblings when they began their debt-repayment journey. We all ended up with some student loan debt, but much less than we would have without my parents cash-flowing some of the costs.