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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

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He took all of our financial information and put together a plan for us to get out of debt as fast as possible. Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. Who handles the day-to-day finances in your home or do you work on it equally?

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How We Frugal-ed in June 2023

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Instead, I look for creative ways to save my family money in all aspects of our lives. My goal has always been to live well on less while achieving our big financial goals. 2 – We opened up high-interest savings accounts and earned $250 in interest. Frugal living is not about deprivation.

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

Family Balance Sheet

I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt? Building an emergency fund also helps enormously.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. However, even if those things hadn’t come along, we were still on track to pay it off within 2 years just by saving every penny we could.

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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. For the last two years, I told anyone who would listen about us trying to make our goal of being totally debt free. Who handles the day-to-day finances in your home or do you work on it equally? I am the nerd.

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

Family Balance Sheet

emergency fund, so we started throwing what little extra we had straight. What are your top 3 – 5 tips for saving money/pinching pennies to put. When I make a weekly meal plan, it saves us money because. Not to mention all the money we save. each check into a savings account. amount of money we saved!

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

We had tried other methods in the past, but found this one suited us best since it forced us to focus on one goal at a time, rather than trying to do it all (pay off debt and contribute to savings and retirement). What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt.

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