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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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10 Reasons You’re Broke

Prairie Eco-Thrifter

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. What is the one thing you are refusing to give up that would help you pay off your debt?

Money 203
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Meet a Reader | Biker Liz

The Frugal Girl

A family picture with my parents His degree took 5 years, and during those 8 years of essentially being a 1-income couple with kids after 10 years of being a 2-income couple with no kids, they’d racked up $30k in credit card debt because they didn’t adjust their spending to their change in circumstances.

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Interview with a Self-Made Millionaire

Prairie Eco-Thrifter

I pointed out the multitude of new blogs related to saving money, being frugal, getting debt under control and learning about finances. We shopped at garage sales, turned down the heat, combined errands to use less gas, didn’t buy a lot of prepared food, cooked at home and the like. We saved and saved and saved.

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20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. Shop around at garage sales, thrift stores and online classifieds for furniture and other household items. Eat out less. One of the biggest expenses you probably incur is eating out. Instead of eating out, pack your lunch.

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Yakezie Carnival – Credit Cards Edition

Prairie Eco-Thrifter

The Debt Princess: The Kool-Aid Effect: The Relationship Between the Poor & Nutrition – A look into how the working poor are eating unhealthy. Discussing how it is easier to eat healthy when you have food stamps but once that is gone or you have “graduated” from the program, you can no longer eat as well.