Remove Pay Off Debt Remove Rent Remove Taxes Remove Watches
article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. During that time, I started to budget for everything.

Budget 133
article thumbnail

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

Family Balance Sheet

I could barely afford my $600 rent payment, which was in a horrible neighborhood. It was like 40 feet away from me and I watched the entire thing. Then during tax season, I worked at H&R Block filing taxes. Who initiated the debt free goal? How did you celebrate when you became debt free?

Debt 227
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Also, the monthly mortgage payment was less than our rent payment. Read: How We Watch Great TV without Cable. Living a life focused on paying off debt is not always easy.

Debt 130
article thumbnail

Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

It was during this rather taxing weekend that I was reminded of how great a loving family can be. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? Watch out! , Pat S from compounding returns asks Pay Off Debt or Invest for The Future ?