Debt Repayment Updates · Frugal Living

How we paid off $145,000 of debt in 4 years

If you are new to our story you’ll want to check out how our debt journey began here. Our total debt altogether totals $245,000 and just shy of 4 years we’ve paid off $145,000. That debt included two small car loans and the rest student loans. We’ve been able to pay all of that off… Continue reading How we paid off $145,000 of debt in 4 years

Budgeting · Debt Repayment Updates · Finances

How we paid off $60,000 in ONE YEAR on ONE MAIN INCOME

How we paid off $60,000 in ONE YEAR on ONE INCOME Yes you read that right. In 2016 we paid off a total of…..$60,321. If you’re new to our story and wondering how on earth we have such a crazy amount of debt, read our story here. When we first started our debt journey, we… Continue reading How we paid off $60,000 in ONE YEAR on ONE MAIN INCOME

Debt Repayment Updates

January 2017 Debt Update

Debt Repayment: In January 2017 we paid off a total of $3,794! At the end of January 2017 our total debt remaining was $107,440. We paid off our furnace! We celebrated with a fun night at church with tons of inflatables! It was a cheap celebration, $14 but worth it for paying off the $4,500 furnace. Last… Continue reading January 2017 Debt Update

Debt Repayment Updates

December 2016 Debt Repayment Update

Debt Repayment: In December 2016 we paid off a total of $8,458! At the end of December 2016 our total debt remaining was $111,032. We paid off one of our student loans and a significant portion of our furnace! We celebrated paying off our student loans with a family trip to an indoor swimming pool! Keeping… Continue reading December 2016 Debt Repayment Update

Debt Repayment Updates

August 2016 Debt Update

In August 2016 we paid off a total of $2,193. Our normal minimum payments on all of our loans are now at $948 and we had an extra debt payment of $1,245. This was substantially smaller than normal for multiple reasons. At the end of August 2016 our total debt remaining was $126,052. The current loan… Continue reading August 2016 Debt Update