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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. Together they paid off $23,000 in 16 months. How much debt did you pay off? What kind of debt was it? We paid off just over $23,000 in one year and four months. The debt consisted of my student loans and a car loan. What inspired you to get debt free?

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Friday Links – Fridays Are Just Another Day

Prairie Eco-Thrifter

Do know that once my life stabilizes I will be back to being your support and fan on a regular basis. Paying off debt is hard to do. Read John’s post about his stumbles on the way to paying off his debt at The Money Principle. You all rock if you ask me. You have been so patient with me.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

Which comes first: saving for an emergency OR paying off debt? Many personal finance experts believe in building an emergency fund to $1000 to get started and then pay off consumer debt. Once that debt is paid off then start building up you emergency fund to your desired number.

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

Today’s Debt Free Story is from Charissa. How much debt did you pay off? What kind of debt was it? We paid off $7,665 worth of credit cards, school loans and a car loan. We started paying it off when we got married and became debt free just shy of our second anniversary.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Families are our rock, our support system, and our fans. Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? Some people find themselves buried under student loan debt with little chance of ever paying it off.