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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. Tell us about you and your family. How much debt did you pay off? What kind of debt was it?

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt.

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Friday Links – Long Weekend Edition

Prairie Eco-Thrifter

Check them out: Good Reads From The Blogosphere: When you’re aggressively trying to pay down debt, you may feel that you’ve done all you can to curb your expenses, but have you really? Don’t miss Melissa’s post at My Personal Finance Journey if you Think You’re Sacrificing to Pay Down Debt? Think Again.

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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. It was a very scary time for us. Be diligent about how you use this account.

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Meet a Reader | JenRR from the Midwest

The Frugal Girl

Besides dealing with my sudden unemployment when my oldest child was a toddler, I was hoping to figure out a way to extend my time at home with him. The first few years after graduating, I racked up a large credit card debt and bought a new SUV that cost approximately the same as my annual salary. helping out 7.

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10 Things To Do When You Lose Your Job

Prairie Eco-Thrifter

This past year my husband and I went through a period of unemployment which was tricky and when we did have employment is was casual. There are a variety of payments depending on your situation such as unemployment or parenting. If you have items you don’t use or need, sell them. 7.) Pay only the minimum on debts.

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Personal Loan Calculator – NerdWallet

Savings Corner

Use this calculator to help you decide whether a personal loan is the right financing option for your plans. How to use this calculator Enter a loan amount. Good-credit borrowers with low debt-to-income ratios often get the lowest rates. Some lenders have credit-building tools, unemployment protection or fast funding.