article thumbnail

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?

Debt 245
article thumbnail

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

Family Balance Sheet

Welcome to Debt Free Stories. My wife is in sales for a software company and I am a fundraiser for a local non-profit that helps the homeless. How much debt did you pay off? What kind of debt was it? The debt consisted of my student loans and a car loan. What inspired you to get debt free?

Debt Free 241
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Live your Dream Life Debt Free

Prairie Eco-Thrifter

Living your dream life debt free requires a simply task of going back to Grade 1 math lessons and applying the concepts. Likewise, in your adult life, you can think of the first number representing the source of your monthly income and the second depicting debt or expenses – you need to borrow from another in order to complete the operation.

Debt Free 235
article thumbnail

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. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? Where are you from?

Debt 100
article thumbnail

Update #1: Our Debt Freedom Plan

Family Balance Sheet

Back in March I wrote about my family’s Debt Freedom Plan. Being self-employed, we need to have a cushion for business expenses in the event that something happens, such as a tough sales month or our furnace/AC breaks. But reaching #2 has given us new motivation to keep plowing away at our business and our Debt Freedom Plan.

Debt 100
article thumbnail

10 Ways to Recover From Christmas Debt

For the Mommas

10 Ways to Recover From Christmas Debt. The following tips are meant to help you recover without becoming overwhelmed by your Christmas debt. #1: 1: Accept the Debt. . #1: 1: Accept the Debt. But, do you seriously think there is going to be a time when your Christmas debt is going to seem smaller? 2: Focus on It.

Debt 40
article thumbnail

What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

Home 52