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Find out how Deacon & his Wife Paid off $52,000 of Debt in 18 Months

Family Balance Sheet

Today’s Debt Free Story is from Deacon. How much debt did you pay off? What kind of debt was it? We paid off $52,000 in consumer debt. It consisted of student loans, a car loan and even some credit card debt. After putting together a budget, it took us 18 months to pay off all of that debt!

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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

However, if you have been following me, you know that I am quite serious about finding ways to not only get out of debt but also how to create a budget (and stick to it) as well as how to save money without necessarily depriving your family of the quality of life they deserve. I send in $50 every month to each of their accounts.

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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

Today’s Debt Free Story is from Carrie. How much debt did you pay off? What kind of debt was it? After my first marriage fell apart, I ended up with over $14,000 of consumer debt, made up of a car loan and credit cards. What inspired you to get debt free? Tell us about you and your family. Where are you from?

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Festival of Frugality #271- 10 Movies, 10 Lessons Edition

Prairie Eco-Thrifter

Save Few Bucks presents How to Save Money on Household Expenses posted at Save Few Bucks , saying, “Saving money on your household expenses, can help you a lot in the long run, so here are some tips to help you save money on household expenses.&#.

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Current Thoughts on the Economy

freestuff.tv

Given all this uncertainty, I have decided to take the step and completely focus on debt reduction, ie mortgage before anything else. I have taken up a Netflix membership so the family can still have some entertainment but heading to the local cinemas is now a no go zone.

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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 (affiliate link) , 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. Add it up to get a total.

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#SavingsPledge: Hey America, Let’s Save $1 Billion

Saving With Shellie

I get asked frequently why I write about saving money. I believe that saving money is important. Saving money and living within or below your means is lifestyle change that impacts your whole life. When you take the Savings Pledge you get to specify the amount of money you plan to save each week.