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2019 Debt Freedom Plan Update

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Updates on our Debt Freedom Plan over the years: Our Original Debt Freedom Plan – written in March 2014. Our 2019 Financial Goal. After years of scrimping and saving and not spending extra money on things, we have achieved the biggest financial goal we have ever set for ourselves in our 19 years of marriage.

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

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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 Start a Budget (and be successful at it!)

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I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. But if you have a membership, but don’t use it, CANCEL.

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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

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I also decided I didn’t need extra luxuries like my gym membership and cable TV. I told myself that it I would only be sacrificing these things for a short period of time and could sign up for them again after I got my debt under control. He leaves most of the financial goals up to me, but we make the decisions together.

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How We Paid off Six Figures of Debt

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In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. We stopped paying for our gym membership. . Read: How to Get a FREE Gym Membership.

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