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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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Investment Methods

Prairie Eco-Thrifter

I pick up a lot of them at garage sales for 25 cents to a $1. Much of the information in it is basic personal finance guidance (with a biblical twist). I’m always on the look out for investment books I haven’t yet read. One I obtained in that manner is “The Sound Mind Investing Handbook” by Austin Pryor.

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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. 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? You shop to feel better.

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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.

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Yakezie Carnival – Credit Cards Edition

Prairie Eco-Thrifter

After that, while you all primed and interested in personal finance, continue and read the awesome articles that were written across the web this week regarding personal finance and enhancing your lifestyle. Finance Fox : Reasons to Buy a Car in January – After the Holidays! Take a moment to watch them.

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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.

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The One Most Important Thing You Need to Get Rich

Prairie Eco-Thrifter

Paying extra on your debt each period and then not incurring new debt. Buying personal finance books at garage sales and reading them one after another to make sure you have a basis of knowledge on money management. Depositing part of your check in the bank for savings before you spend it on anything else.

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