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

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About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) From start to finish it took us a very long time — I would guess 10 years. But it wasn’t a decade of nothing but paying off debt. Then my husband decided to pay off his car.

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How Krystal and Josh paid off $80k in 4 years!

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Did you follow a particular debt freedom plan or book, such as Dave. Ramsey or Debt-Proof Living? emergency fund, so we started throwing what little extra we had straight. towards debt. We committed to using a cash budget, and we talked daily at. 2 – Used a cash budget. We already had a small.

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How We Paid off Six Figures of Debt

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This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. But at the beginning of our journey to pay off the debt, I was listening to Dave Ramsey on the radio. In 2020, we still use and are thankful for Medi-share. How do you eat an elephant?

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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

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We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt. I talk a lot about this in my post “Top 4 Ways to Pay Off Debt” but they include: 1.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. We have been using this system ever since. I highly suggest using a separate paper calendar from your normal planner to eliminate any confusion. To get started, gather the following: pencil.

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