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Create your debt freedom plan

Family Balance Sheet

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. He makes it really simple and you should Google it if you haven’t heard of his steps. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business.

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2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time.

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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.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Meet The Achievers: Deacon and his wife paid off $52,000 in debt in 18 months. His 2017 goal is to make $100,000 in online income. Maureen, from The Debt Free Mess Free Life , suggests that you understand what motivates you to act unwisely and spend frivolously (if that is your situation). Make a commitment. .

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

I know I sometimes get bogged down with too many options and I can take forever to make a decision. Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. If we make effort we will succeed. Sometimes a charitable contribution can make a direct impact on your life and others. How about you?

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

Family Balance Sheet

Now we had yet another payment to add to the mix, and I honestly didn’t know how I was going to make it all work. 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).

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

However, since paying off our debt, I have become a much bigger fan of the baby steps laid out by Dave Ramsey and really see the wisdom in paying off debt in that fashion. What are the top 3 – 5 ways you found money to put towards debt. What do you want to do, but you are hampered by debt?

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