We started this debt payoff plan back in June of 2020 with a goal to pay off six figures in sixty months, which meant we needed to average $1,666 each month. After our first twelve months, I am happy to share that we have paid off over $32,000! Our 12-month average ended up being …
THE STRUGGLE IS REAL WHEN PAYING OFF DEBT! When you first start paying off any amount of debt, big or small, it feels great. You may be able to breeze through your smallest debts, and with each one you eliminate, you feel that rush. Immediate progress! The truth is it becomes more challenging as …
When my husband and I set our first goal to pay off six figures of debt in 60 months, I was extremely skeptical. I had never been able to save or manage my money, but this huge task was going to take both of us. Those prior vague thoughts of paying off our debt and …
I had always believed that debt was just a part of life. Like me, most people were taught from an early age that it’s perfectly acceptable to carry debt throughout our adulthood. I was told mortgages and students loans are the “good” kind, because it’s an investment in your future. These offer us a …
I recently shared 10 Highly Effective Habits of Frugal People, and that post got me thinking about the habits of rich people. What makes them so successful? Is it just luck, or is there something more to what they’re doing? I believe it all comes down to habits and a motivated, healthy mindset. At …
Paying down debt can be a long, tiring road, sometimes leading you deep into debt payoff burnout. Reading boosts motivation and keeps focus while also taking your mind off the hard parts, like budgeting. In How I Paid Off Over $20k in 8 Months, I talk about the realness of burnout, tips to push …
6 Must Read Books to Prevent Debt Payoff Burnout Read More »
I’ve read a ton of blogs titled something like “How I paid of $40K in 12 months” only to usually find they paid off $2,000 in cash, sold their car, inherited money, and moved in with their parents. Now, don’t get me wrong, I’m not trying to downgrade their accomplishments or diminish their sacrifices. …
When we sat down for the big budget meeting at the beginning of our payoff planning, we knew that our monthly cable bill had serious room for reduction. Cutting the cord completely had been a major topic, but I never really thought we could do it. I loved my DVR and infinite channels and …
You usually see people resolving to work on their physical fitness in the new year. They join a gym, buy new workout clothes, set big goals and change their diets. Well, what if I told you that your financial fitness is just as important as your physical fitness? Just hear me out! The new …
Whew, we made it through the year 2020! It’s been a tough year for everyone, but we were able to stay relatively close to our target pace. As you remember from our first update blog, we need to average $1,666 per month to meet our overall payoff goal in 60 months. We switched to …
Money Talks: Yearend Payoff Update [$11K and On The Way] Read More »
