Elijah Bankole, 30, said that while doing research on how to pay off debt, they were inspired by personal finance guru Dave Ramsey's "7 Baby Steps to Financial Peace" method. Bankole added, however, that once they were able to assess their mounting debt head-on, they were able to create a plan to tackle it. A post shared by Heron?????? Somethings just happen for a reason beyond our understanding and everything ends up falling into place as it is meant to be??. Bankole equated their method of paying off debt to someone trying to lose weight. The couple said they stuck to a tight budget: giving up nights out with friends, clothes shopping and daily coffee purchases.
Couple shares how they wiped out $162K debt in less than 3 years
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Paying my husband debts
Those sensational online profiles of people who accomplished massive goals that most of us can only dream of in a ridiculous amount of time. It took her several years. And for several years, she was overworked and she battled depression. Lockert tells the brutal truth: getting out of debt is a struggle. That may be quick by some standards, but Flanders made it happen with realistic financial habits cutting back on spending, using windfalls to pay off large chunks at a time.
Now a widow, she was deeply bereft and completely unsure what to do next. Like so many people whose lives are thrown into disarray, Stephens was unprepared for the decisions she would have to make. Though she and her husband had health insurance through his work as an accountant, Stephens was shocked to learn that she only had a week to decide whether begin paying much higher premiums under Cobra, the government-mandated extension of coverage. It happened so quickly.