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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.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

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

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I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. During that time, I started to budget for everything.

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

Family Balance Sheet

For example I got up at 3.45 That meant no vacations, no new clothes, no eating out, nothing. This immediately let me slash a huge amount off my monthly spending – though of course it wasn’t much fun at the time! For example a few friends owed me money, so I pressured them to settle what they owed.

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