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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? We have led 7 sessions of Financial Peace University mostly to keep ourselves motivated. What are the top 3 – 5 ways you found money to put towards debt. Who initiated the debt free goal? Where would you go?

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2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt.

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Create your debt freedom plan

Family Balance Sheet

Paying off our six figures of non-mortgage debt was one of the happiest days of my life, and really is the defining step of this entire plan. To stay motivated I would listen to the debt-free screams on The Dave Ramsey Show. If others could knock out debt, we could too. Is it to get creditors off your back?

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

We had tried other methods in the past, but found this one suited us best since it forced us to focus on one goal at a time, rather than trying to do it all (pay off debt and contribute to savings and retirement). What are the top 3 – 5 ways you found money to put towards debt.

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

It was after I started listening to Dave Ramsey, that I started thinking about getting out of debt more quickly and realizing that it was definitely possible to become debt free. What are the top 3 – 5 ways you found money to put towards debt. Were there arguments during the time you were working on your debt?

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

Family Balance Sheet

Yes, I did follow a few of Dave Ramsey’s strategies, but I also starting reading other finance blogs to see how they paid off debt so quickly. Many of their ideas were inspiring and their stories continued to motivate me through the entire process. Her ideas were simple to implement and only took a few minutes a day.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

I had planned to pay it all off in 2.5 It took me five years to pay off my debt but two of those years I had a job loss, I was taking care of my grandparents and I had lost my motivation and drive to pay off the debt. What inspired you to get debt free?