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Debt

How to Pay off $22,000 in Debt in Less Than Two Years on a $48,000 Income

By on Apr 1, 2015 in Debt | 1 comment

How did you acquire $22,000 in debt? What did that debt consist of? When my husband and I got married in 2011, we were $22,000 in debt. It was left over from Dontae’s student loans with some of it being credit card debt. I had debt in the past (car loans, student loans, credit card), but at this point it was paid off. What did it feel like to have that much debt? It...

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How to Payoff over $500,000 in Debt in One Month

By on Mar 25, 2015 in Debt | 3 comments

How did you acquire $560,000 in debt? What did that debt consist of? The $63,000 was all credit card debt. We also had a mortgage totaling nearly $500,000. The short version is I bought an expensive home just as my business income was about to drop off a cliff. Why did I take the plunge and buy a house in 2010 when the real estate crisis was still going strong? For...

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How to Blast Away $77,000 in Debt in Less Than Two Years

By on Mar 18, 2015 in Debt | 24 comments

Happy Wednesday, debt busters!  Today we share the story of the Louie family, who is in the process of smashing nearly $320k worth of debt to the curb. Tell us a bit about yourself: My name is Monica Louie. I have been married to my best friend, Mike, for 5.5 years, and together we have two children – Jayden (3.5 years) and Madelyn (15 months). We live in Vancouver,...

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How One Man Dumped $75,000 in Debt in Just ONE Year!

By on Mar 11, 2015 in Debt | 4 comments

Hello, debt-busting friends!  Today we share the story of Jason, who worked his tail off to dump 75k in debt in just one year. How did you acquire $75000 in debt? What did that debt consist of? I went through 8 years of college… so it was all student loans. The sad part is that I was in the Army, had my college/tuition paid for via the GI bill, yet I still took out...

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