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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. Was there something that you gave up that you will go back to now that you are debt free? 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

When Jon and I were married, we acknowledged that high paying careers were not on the docket for us, knowing that we wanted to have both comfortable and generous lives we decided that we would have to be incredibly diligent with our resources. The first step in this diligence was paying off debt.

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How We Paid off Six Figures of Debt

Family Balance Sheet

But once we started our Debt Freedom Plan, we cut restaurants back to once a week. We didn’t eliminate eating out completely, but just cutting back the splurge to once a week drastically reduced how much we spent. When we did eat out, we followed these rules: 15 Smart Tips to Save Money When Eating Out.

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

Family Balance Sheet

So whether that’s hiking across the beautiful Sussex Downs, growing my own vegetables or taking my binoculars out for a spot of bird watching I rarely spend much time indoors. What inspired you to get debt free? Over the last few years I’d watched uneasily as my monthly payments ballooned. 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. How to Watch Great TV without Cable – We were able to cut $50/month by giving up cable, yet we still watch great TV. During that time, I started to budget for everything.

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

Family Balance Sheet

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? The inspiration to pay off my debt was watching my grandmother balance her checkbook.