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20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. Eat out less. One of the biggest expenses you probably incur is eating out. The average person spends over $2,000 a year on eating out. Instead of eating out, pack your lunch. Reduce convenience foods.

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

Family Balance Sheet

What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. We ate at home a lot and watched our food budget carefully. We still allotted a lot of money for food, but we were careful not to go too far over budget. It’s feels nice to spend money on a date night out.

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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

’ Apart from our careers we’re very into cultural experience, LOVE big city life with all the culture and delicious food it provides and our greatest lament in moving to Western NY is that there won’t be the variety that our beloved Portland offers us. How much debt did you pay off?

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

Family Balance Sheet

because we aren’t eating out. and plan meals based off of that. Use all the food you have, and freeze it if you know you won’t use it up before it expires. We knew it would take us years to get out of debt! While we said no to eating out and going to the movies all the time, we.

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

Family Balance Sheet

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! Debt Negotiation – I started to wonder whether the money I owed was “fixed” or not. Yes, but not yet!

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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. – Food: groceries, meals out, school lunches. If you’re spending too much at restaurants, read: 15 Smart Tips to Save Money When Eating Out .

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

Family Balance Sheet

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. And finally, paying off debt is completely and totally possible.