Our Debt Free Family
Oct 14, 2024 · Here are five simple guidlines that will help you pay off debt. 1) Get an emergency fund so you don’t take on debt when something comes up. 2) List your debts. This way you know where you stand. 3) Use the debt snowball. Pay your debts from smallest to largest, or most expensive to least expensive. 4) Avoid new debt. No new credit cards or loans.
3 Free Printable Debt Free Charts and Trackers to Help You Reach ...
Jun 20, 2023 · As you can see below, to organize this debt payoff method, you list the debts in order, along with the minimum payment due and your debt snowball payment. Using this method of tracking can help you see how quickly you are making progress on your debt freedom journey and keep you motivated. Download an editable worksheet here or print a PDF version.
’13 Reasons Why’ Being Debt Free is Awesome (and I Can’t …
Apr 21, 2024 · 12. Being debt free is awesome for your mental health. All of this has a profound impact on your overall mental health as well. Many people find they are no longer depressed, have more energy, and feel happier. (Remember, debt is not a death sentence.) 13. You’ll be able to live your best life being debt free.
How a Family of 7 Paid Off $137,000 of Debt in 4 Years - Our …
Nov 30, 2023 · If so, you need to read this inspiring story from the Miller family. As their family grew from five mouths to feed to seven and with a wage of no more than $14.50 per hour, Ella and Lavern Miller paid off $137,000 of debt in four years!
How to Stay Debt-Free - Our Debt Free Family
How to Stay Debt-Free. I’ll be the first one to admit that when I think about having all of my debt paid off I start to think about the things I’ll be able to do, things I’ll be able to buy, etc. If you’re thinking the same way, stop! You won’t ever be able to stay debt-free if you’re constantly thinking about what you’ll spend your next bit of money on.
How to Get Started Paying Off Debt When You’re Behind on …
Jan 18, 2024 · List the payment amounts and payment due dates. Create your debt snowball —. This is your debt payoff plan where you list your debts by balance from smallest to largest. Add a section for the bills that are past due. List these in order of the past due amounts, smallest to largest, but prioritize the most urgent bills.
The Two Things You Must Do Before Getting Started on Your Debt Free Journey
Feb 14, 2024 · I am going to take you step by step through the exact process that my husband and I used to pay off $65,000 of debt in 11 months on a single middle class income.. We have been where you are. We remember feeling overwhelmed by the idea of paying off all of our debt, but we knew that we had to get started.
debt-free stories
Jan 18, 2024 · How Scott Really Paid Off $72,000. In one part of our chat, Scott talks about what has led him to be successful in his debt-free journey and what has kept him free of debt since. For him, there was a “never again” moment where he knew he would never want his finances to have such a stronghold over his life, especially his debts.
We Are Officially Credit Card Debt Free!
COVID-19 definitely put a damper on our family’s debt freedom journey (at first). However, my husband has since gotten a new job and we encountered some windfalls that have allowed us to pick up some of the slack and refocus on our debt-free goals.
Stories Archives - Our Debt Free Family
Oct 21, 2022 · A few years ago, Sarah Li Cain found herself jobless, broke, and in $9,000 credit card debt after a breakup with her boyfriend. Today, Sarah is debt-free, married, and living a happy life with her husband and spirited toddler. Sarah is a freelance writer and illustrator.