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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Today’s Debt Free Story is from Richard of Frugality Magazine , where he shares frugal living tips for financial freedom. How much debt did you pay off? What kind of debt was it? In total I estimate I paid off round $40,000 worth of debt, though depressingly a fair chunk of that was just interest.

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Find out how Maureen Paid off $79,540 in Credit Card & Student Loan Debt

Family Balance Sheet

Today’s Debt Free Story is from Maureen. She writes at A Debt Free Stress Free Life. Besides writing on my personal finance blog, A Debt Free Stress Free Life, I’m an adjunct professor at a local college and own a residential and commercial cleaning business. How much debt did you pay off? What kind of debt was it?

Debt 100
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How to Manage Your Personal Loan

Savings Corner

The worst-case scenario is that you get a loan without a clear picture of its impact on your monthly cash flow, leading you to take on more debt to make up for it. It can be psychological, says Tess Downing, a San Antonio-based financial planner.

Debt 52
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The Worst Financial Decisions I’ve Seen

Prairie Eco-Thrifter

It is so easy to incur debt and keep deferring payment. An acquaintance of mine inherited a 4 bedroom/2 bath home free and clear of any debt. Here are 6 decisions I have seen people close to me make, that turned out to be v-e-r-y wrong. Living above your means. That path leads to financial failure for most.

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Sleeping Through Stress

Prairie Eco-Thrifter

This article on WEB MD (the source my doctor recommends for medical information) quotes Matthew Ebben, PhD – a certified sleep specialist at the Center for Sleep at the New York-Presbyterian Hospital/Weill Cornell Medical Center and assistant professor of psychology in neurology at Weill Cornell Medical College as saying: “Whether it’s 1 a.m.

Debt 218
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Are You Middle Class?

Prairie Eco-Thrifter

Although that probably wasn’t true, by the numbers, it was true for us psychologically. Do the Rich Use Debt Differently? When I was growing up (poor), Mom and Dad raised me to think that we were better off financially than our neighbors. Accordingly, I learned to think we were a middle class family. Take a look.

Polls 100
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Update and dilemma.

Finally Frugal

Here's a more organized update (and then I'll explain my dilemma): Here's where things stand now, in early-mid September 2012: Second Mortgage Debt: $31,400::::$25,176. Student Loan Debt: $61,762::::$29,318. Primary Mortgage Debt: $167,500::::$154,209. Student Loan Debt: $61,762::::$39,070.

Debt 45