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Debt

Not Your Average Debt Payoff Story

By on Nov 26, 2014 in Debt | 1 comment

Greetings, Well Kept Wallet friends!  Today we’re sharing a different kind of a debt payoff story.  It’s still a story with lots of debt, but with a little different twist.  Enjoy. After blogging for over a year now in the personal finance community, I have certainly seen my fair share of debt journey stories, so I was a little surprised when I was asked...

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How One Woman Overcame Cancer and Conquered Her Debt

By on Nov 19, 2014 in Debt | 8 comments

How did you acquire $41,000 in debt? What did that debt consist of? Initially when we decided we wanted to become debt-free our total debt was $25,000, which consisted of a $10,000 student loan, $10,000 car payment and 2 credit cards that amounted to $5,000. Prior to really analyzing our finances we never considered ourselves in debt, because we had what seemed like...

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How One Millennial Paid Off $30,000 in Debt

By on Nov 12, 2014 in Debt | 1 comment

How did you acquire $30,000 in debt? What did that debt consist of? I got into about $30,000 in student loan debt after I graduated from college. It was half federal loans and half private loans. But it was all a complete surprise! I had no idea I had borrowed that much money each year that I was in college. I’d had a financial aid packaged that seem to “cover...

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How One Man Dumped $45,000 of Debt in Six Years

By on Nov 5, 2014 in Debt | 3 comments

How did you acquire $45,000 in debt? What did that debt consist of? At its height, I had just shy of $25,000 in credit card debt and nearly $20,000 in student loan debt. I was sitting at $45,000 total debt, and this was about 15 years ago. What did it feel like to have that much debt? To say that it was overwhelming would be putting it lightly. It was something that...

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Dealing With Setbacks in a Debt Payoff Journey

By on Nov 4, 2014 in Debt | 13 comments

When one makes a decision to get out of debt, rarely is the road traveled smoothly.  As we see from the many success stories Deacon has featured, a debt payoff journey nearly always comes with setbacks along the way.  So what is the best way to deal with those setbacks?  Here are some tips. Dealing With Setbacks in Your Debt Payoff Journey Setbacks can come in a...

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How One Guy Blasted $70,000 in Debt Away

By on Oct 29, 2014 in Debt | 1 comment

How did you acquire “$70,000” in debt? What did that debt consist of? Before I started actually paying off my debt, I had nearly $70,000 in consumer debt. My debt consisted of over $50,000 in credit card debt, auto loans, and Jetski finance payments. The auto loan is pretty self-explanatory. I needed to have a car, so I bought it with a loan. The Jetski was a...

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