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

Family Balance Sheet

What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Make paying off debt a priority. If you’re going to get serious about becoming debt free, you have to make that your first priority. Who initiated the debt free goal?

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Debt Consolidation Calculator | Bankrate

Savings Corner

Try adjusting the terms, loan types or rate until you find a debt consolidation plan that fits your goals and budget. Debt consolidation is the process of combining several debts into one new loan. The goal is to streamline payments, lower interest, and pay off debt more quickly.

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

Family Balance Sheet

Daniel was working a lot of hours while we paid off our debt. Who handles the day-to-day finances in your home or do you work on it equally? We definitely spend a lot more money on eating out at restaurants and using babysitters now that we are debt free. Paying off debt can be done!

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Find out how Jessica & Her Husband Paid off $175,000 of Debt

Family Balance Sheet

Soon after making that decision we found out our church in Chattanooga would be hosting Dave Ramsey’s Financial Peace University. Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? It helped us see debt go down and excited us to see progress!

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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 Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

We have a 5 year old son and are in the process of adopting our 2 year old and 4 month old foster sons, making us parents of 3 boys! But in the end, we ended up making enough profit to pay off our debt entirely and still put some into savings! Our loan payments each month were almost equal to our mortgage!

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