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5 Essential Money Tips for Newlyweds

Prairie Eco-Thrifter

If you want to accomplish anything together as a couple, you need to have shared goals. Whether you want to pay off debt or save for retirement or get a new TV, you have to be in agreement on the big stuff. You’ll be trying to keep things simple and inexpensive, while he or she spends.

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

Family Balance Sheet

We had become so accustomed to living off both incomes that we really had to re-adjust a few lifestyle choices so we could live off just my husbands income. This ultimately is what put us on the fast track for paying off debt in such a quick amount of time. If married, who initiated the debt free goal?

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

Family Balance Sheet

Today’s Debt Free Story is from Acadia. She writes about simple living, parenting and her family’s foster story at Fostering Simplicity. We began to realize that each item we own costs us something, either our time to maintain it or our money. Not to say that we are unwise with our money. Where are you from?

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

Family Balance Sheet

Another book that really helped was The Debt-Free Spending Plan by JoAnnah Nagler. Her ideas were simple to implement and only took a few minutes a day. What are the top 3 – 5 ways you found money to put towards debt. Aside from the normal saving money ideas, I started bartering for extra services that I needed.

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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. A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. Total your expenses.

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

Family Balance Sheet

I also appreciated the simple, common-sense advice and the baby steps. It was after I started listening to Dave Ramsey, that I started thinking about getting out of debt more quickly and realizing that it was definitely possible to become debt free. What are the top 3 – 5 ways you found money to put towards debt.

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