Those of you on any form of social media or group chat with me, you probably know by now that Tom and I got to do our “Debt Free Scream” this past Thursday.
We began our budget for February a few weeks ago, I told Tom that I think we were going to be able to pay off the last of our debt. You know what? He cried. Sobbing mess. No, not really. But we both got teary-eyed and took a moment to think about what in the world “debt free” would actually mean for us. We were toward being debt free for so long that the actual thought of it happening wasn’t something that had crossed our minds.
Getting out of debt when you are living off one income could be a stressful thought. Not to worry, there are small strategies you can follow that will allow you to figure out a game plan on how to get out of debt on one income without totally going crazy. This budget
Trust me, I know that paying off debt can suck the life out of you. Even though sticking to a strict budget can feel super limiting sometimes, I have got 35 frugal beauty and fashion hacks to live by while you pay off debt. Most of these have become a part of my daily routine and are things I swear by. While I may not be an Instagram worthy beauty blogger, I have kind of nailed the whole beauty on a budget thing. So if you are smack dab in the middle of debt payoff but don’t totally want to give up your fashion, style or beauty, then you’re going to want to check these out.
I recently wrote a post about 10 Simple Decluttering Moves that Take 10 Minutes or Less and naturally, I had to do one that is just as simple when it comes to your finances. It’s crazy to think how many times I would use 10 minutes as a way to instantly blow hundreds of dollars without even thinking about it. That seems so crazy now that I know so many smart money moves to make in 10 minutes or less. I really wish I would have started making smarter money moves so much sooner. If you are wanting to improve your finances, but have no idea how to even get started, these are 10 must see tips that will help you make or save money in 10 minutes or less!
Hi folks, I’m Renee and I am a recovering spend-a-holic. My husband Tom and I have paid off over $90,000 of debt in the last 7 years and I wish I could say there were major student loans in there, but there weren’t. We just sucked that much at managing our money. We downsized our house 3 years ago (check out the full story) and then we got seriously intentional about paying off our debt. Using the Dave Ramsey Debt Snowball we paid off $6,000 in 6 months. Now we are able to see the finish line of our debt that seems never ending and I wanted to share with you the total truth about how I really feel about debt payoff after 3 intentional years.
You know, after reading a ton of other people’s debt payoff stories I wondered to myself, “How much debt have we paid off?” After taking the time to calculate it all, I about had a heart attack. To even imagine that in 7 years we have paid off over $90,000 of debt really makes me feel…well…makes me feel like we wasted a ton of money! It’s hard not to think about how beneficial it would have been if we had saved all of this money instead. But, the past is gone and all we can do is learn from it right? Well, if you find yourself with a similar debt number, I want to share with you our exact plan of attack and how we paid off $90,000 of debt in 7 years using the Debt Snowball, plus a few other tips.