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

Family Balance Sheet

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? I focus more on the big picture (saving for a house, vacations, emergency fund, etc.) We do it together.

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Debt Consolidation Calculator | Bankrate

Savings Corner

Personal loans A personal loan is an unsecured loan that, unlike a credit card, has equal monthly payments. Home equity loans or lines of credit As a homeowner, you can use the equity in your home to consolidate your debt. Home equity loans can also be a risky method of debt consolidation.

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How We Frugal-ed in June 2023

Family Balance Sheet

I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. Coming home, the flight from Florida to Philadelphia was delayed causing us to miss the only flight from Philly to Harrisburg for the day. In total, we have made $250 in interest since April.

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How to Live your Dream Life Debt Free

Prairie Eco-Thrifter

If you wish to live your dream life debt free then equalize your definition of “dream life” with the basic concept of basic mathematical operations that you learned in Grade 1. Remember that 1+1 equals 2 and it can never be 3. It will just turn your home into a warehouse of unused things that in essence are costing you money.

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

Family Balance Sheet

She and her husband paid off $147,000 in debt–including their home. About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Building an emergency fund also helps enormously. Who handles the day-to-day finances in your home or do you work on it equally?

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

Family Balance Sheet

I own a software consultancy that I run from home and my husband is a letter carrier with the post office. We have 2 girls that I am home schooling this year. We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ). Nine years later, I am still at home! I am the nerd.

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

Family Balance Sheet

He now works as an architect, and I do some freelance from home now that we have kids. We bought into the myth that student loan debt is “good debt” and that it was better to “invest” in buying a home instead. After we had kids, though, I stayed home, so we continued making the minimum payment for years.

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