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5 Essential Money Tips for Newlyweds

Prairie Eco-Thrifter

As you begin to navigate the waters of newlywed finances, here are 5 money tips that can help you out: 1. Get to the Bottom of Your Money Motivations. First of all, it’s important to get to the bottom of your money motivations. At some point you will need to decide on whether you will keep things separate, pool everything.

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

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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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Create your debt freedom plan

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Yet after listening to Dave’s approach, I knew I didn’t want to be anybody’s slave and if I was being honest with myself, the total amount of debt payments we made every month was ridiculous. There were a lot more fun and purposeful things we could have done with that money than pay the lender.

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Find out how Richard paid off $40,000 of debt

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What inspired you to get debt free? It was getting to the point that as soon as I got paid, covered my monthly bills and made the required debt repayments my bank account was back to zero again. What are the top 3 – 5 ways you found money to put towards debt. Was there a particular event?

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

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I was only bringing home a net income of $3,000 a month, so paying $1,000 each month towards my debt was a lot of money, and took a lot of sacrificing. What inspired you to get debt free? The main event that catapulted me into wanting to be debt free, was the lowest point in my life to-date.

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

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They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. 5 Steps to Crush Debt + a FREE Debt Payoff Tracker. In reality, they were driven, focused, and S.M.A.R.T.