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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. Drew works full time for Department of Defense. Farrah works part time for Department of Defense. How much debt did you pay off?

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Ways to Beat Lifestyle Inflation

Prairie Eco-Thrifter

I still have debt to pay off and want to buy a house, so all of that inflation money could go toward saving or paying down debt more quickly. Keep Your Goals in Mind When your income increases or expenses drastically decrease (like when you pay off debt), keep your goals in mind. Likely, there was a reason.

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3 Tips to Ensure You Adhere to Your Budget

Prairie Eco-Thrifter

I followed it very closely, tracked my spending, and worked hard to ensure I was keeping my spending within the limits of the categories. Now that I make more money and can afford to indulge once in awhile, one of the most difficult parts of budgeting is actually adhering to it, when it’s not imperative for your financial survival.

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10 Smart Ways to Become Debt Free

Family Balance Sheet

It’s no secret, I am fascinated, encouraged, and border-line obsessed with debt freedom. The idea of becoming debt free makes me downright giddy. So I love to hear the success stories of others who have found debt freedom. How did they make it happen? What did they specifically do to become debt free?

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. If you are self-employed, work for a company or in an industry that is unstable, or maybe you or someone in your family has medical issues, you might want to save 6-12 months of expenses.

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Dave Ramsey suggests in his book, The Total Money Makeover , that you create a starter emergency fund of $1000. He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. 2 – Decide where to put the money. Our 12+ dryer stopped working.