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Debt

How One Guy Paid off $10,000 in Debt and Got His Self-Esteem Back

By on Sep 17, 2014 in Debt | 12 comments

How did you acquire “$10,000” in debt? What did that debt consist of? The $10,000 was all credit card debt. I got into it starting my sophomore year of college. It wasn’t because I was “bad” with money, but I had my first girlfriend and I had low self-esteem. I thought the only way to love her was to buy her love. So I took her to dinners and bought her things that...

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How One Guy Paid Off an $86,000 Mortgage Loan in Only Two Years

By on Sep 3, 2014 in Debt | 7 comments

What did it feel like to have $86,000 in mortgage debt? I suppose it didn’t feel bad to have $86,000 in mortgage debt. I certainly could afford my $625 a month mortgage payment. In fact, I had a lot of money to spare at the end of the month. With my savings account earning next to nothing, I chose to prepay the mortgage because I knew it would save me thousands of...

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The Hidden Key You Must Have to Pay off Debt

By on Jul 15, 2014 in Debt | 16 comments

Hello, friends!  My name is Laurie, and I’d like to tell you a little bit about myself and my journey to pay off debt.  I’m the newest contributing writer for Well Kept Wallet.  I’m also working my way (along with my husband) out of LOTS of debt.  If you want to read more about my story, you can find it over at my blog, The Frugal Farmer, where I...

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How One Couple Paid Off a $13,000 Car Loan in 18 Months

By on Jun 3, 2014 in Debt | 6 comments

How did you acquire $13,000 in debt? What did that debt consist of? Our debt was 100% a car loan. My wife, Mrs C., and I had always driven beater cars. Shortly after our son was born my wife wanted to buy a newer vehicle. It was 2008 and we were doing pretty good financially, we owned a house and had several thousand dollars in the bank. She had her eyes on a 2004...

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How One Girl Paid Off $40,000 in Student Loan Debt by 24 Years Old

By on May 14, 2014 in Debt | 3 comments

How did you acquire “$40,000” in debt? What did that debt consist of? I acquired my $40,000 in debt all from my student loans. I have three degrees – my undergraduate degrees are a B.S. in Business and a B.A. in Management. And then I also have a Finance MBA. Even though I worked full-time all throughout college, I never really paid much extra towards my student...

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How One Couple Paid Off $21,000 in Medical Bills and Credit Card Debt in Only 14 Months

By on Apr 23, 2014 in Debt | 4 comments

  Here is today’s debt success story from Michelle and Jefferson McDowell. How did you acquire $21,000 in debt? What did that debt consist of? For years we were living a little bit beyond paycheck to paycheck, making up the difference with credit cards.  Every year we would run up a little bit of debt, and then manage to pay it off with tax returns and a...

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