Remove Eating Out Remove Financial Goals Remove Pay Off Debt Remove Used
article thumbnail

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. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. We have been using this system ever since.

Budgeting 133
article thumbnail

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

Family Balance Sheet

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.

Debt 236
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 We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. In 2020, we still use and are thankful for Medi-share. We stopped paying for our gym membership. .

Debt 130
article thumbnail

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

Family Balance Sheet

What are the top 3 – 5 ways you found money to put towards debt. We sold extra items that we weren’t using through Craigslist and garage sales. The software generated a monthly revenue, but we were able to sell them to pay off the rest of our debt immediately. What are your financial goals now?

Debt 245
article thumbnail

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

Family Balance Sheet

Tell us about yourself. I am used to moving a lot! And I cut back on lifestyle – cooking food at home, taking the bus to work vs driving and paying for parking, etc. Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. What are your financial goals now?

article thumbnail

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

Family Balance Sheet

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.

Debt 100
article thumbnail

Find out how Lydia & her Husband Paid off $36,000 in Debt in 2 Years

Family Balance Sheet

I ended up spending the remainder of my pregnancy using a cane. The fear of losing my baby led to the desire for me to be a stay at home mom, but I knew that would never work if we were in such debt. Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? To pay off our home early.

Debt 100