Comments on: $30K to $0: How We Became Debt-Free in One Year http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/ Encouragement for a Simple Home Sun, 14 Mar 2010 03:37:49 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Sheena http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-12850 Sheena Wed, 03 Feb 2010 21:09:54 +0000 http://smallnotebook.org/?p=843#comment-12850 I enjoyed the blog, as I am almost a mirror position to your husband in terms of total debt. I would love to know a way that I can reduce my date and paying off $15k as single person in a year, so obviously I'd be on a two year plan. The problem I have is that I would like to do this while in graduate school (part time), working full time and without the opportunity to do a part time job due to my work and school schedule. I presently make about $35k and I hope to find a job paying about $38 to 40k (we shall in this economy). Any advice? I enjoyed the blog, as I am almost a mirror position to your husband in terms of total debt. I would love to know a way that I can reduce my date and paying off $15k as single person in a year, so obviously I’d be on a two year plan. The problem I have is that I would like to do this while in graduate school (part time), working full time and without the opportunity to do a part time job due to my work and school schedule. I presently make about $35k and I hope to find a job paying about $38 to 40k (we shall in this economy). Any advice?

]]> By: SCQT http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-10538 SCQT Wed, 02 Dec 2009 17:15:51 +0000 http://smallnotebook.org/?p=843#comment-10538 Do not separate your accounts. Sometimes having separated accounts can cause many arguments for couples when the other partner is curious to know your spending habits. May I suggest you setup your online bills to pay off your so you won't have to worry about the deductions. I will contribute a bit more to the minimum payment; if it's $50/mo, give them $80. You'll see your debt disappear in no time! Good luck and you can do it! Do not separate your accounts. Sometimes having separated accounts can cause many arguments for couples when the other partner is curious to know your spending habits. May I suggest you setup your online bills to pay off your so you won’t have to worry about the deductions. I will contribute a bit more to the minimum payment; if it’s $50/mo, give them $80. You’ll see your debt disappear in no time! Good luck and you can do it!

]]> By: Rachel http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-10336 Rachel Wed, 18 Nov 2009 22:43:45 +0000 http://smallnotebook.org/?p=843#comment-10336 Thats great that you both worked on it together. And specially before having babies! Thats like the number one thing. Both must be committed and really focused getting rid of the debt. Your story is encouraging. But to me seems a little too good to be true. I'm having trouble getting my husband to actually commit to becoming debt free. Thats great that you both worked on it together. And specially before having babies! Thats like the number one thing. Both must be committed and really focused getting rid of the debt. Your story is encouraging. But to me seems a little too good to be true. I’m having trouble getting my husband to actually commit to becoming debt free.

]]> By: Susan http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-9915 Susan Sun, 25 Oct 2009 18:03:39 +0000 http://smallnotebook.org/?p=843#comment-9915 My son recently got married and the total they spent on their wedding was $1500 cash. That is for dress, suit, food, marriage license, wedding bands, EVERY LITTLE THING!!! The borrowed many items for the wedding & prayed for provision. The most beautiful thing was their vows to each other! Maybe encourage your daughter to focus on what the eternal significance of a wedding is?? :) Blessings ~ My son recently got married and the total they spent on their wedding was $1500 cash. That is for dress, suit, food, marriage license, wedding bands, EVERY LITTLE THING!!!
The borrowed many items for the wedding & prayed for provision. The most beautiful thing was their vows to each other!
Maybe encourage your daughter to focus on what the eternal significance of a wedding is?? :)
Blessings ~

]]> By: Britt http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-8416 Britt Thu, 13 Aug 2009 20:47:31 +0000 http://smallnotebook.org/?p=843#comment-8416 What an encouragement! We're doing the Dave Ramsey thing...it's going well, but it's amazing how my eyes have been opened once my hubby and I looked at how much we spend on *stuff.* There have been many "Oh I wish I hadn't done that back then..." moments, but going forward and not repeating the financial mistakes is what keeps us encouraged. Thanks for sharing this!!! .-= Britt´s last blog post ..<a href="http://www.uncorrupted.net/news/new-website-design/" rel="nofollow">New Website Design</a> =-. What an encouragement! We’re doing the Dave Ramsey thing…it’s going well, but it’s amazing how my eyes have been opened once my hubby and I looked at how much we spend on *stuff.* There have been many “Oh I wish I hadn’t done that back then…” moments, but going forward and not repeating the financial mistakes is what keeps us encouraged. Thanks for sharing this!!!
Britt´s last blog post ..New Website Design

]]> By: Krista http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-6531 Krista Thu, 30 Apr 2009 14:59:36 +0000 http://smallnotebook.org/?p=843#comment-6531 AMAZING!! Well done! We are struggling to pay off $40,000 right now - but being on parental leave after a super speedy international adoption (hence the debt) makes it very tough. I hope to knock it down to nothing as soon as I'm back to work in 3 more months... frustrating though! <abbr><em><em>Krista´s last blog post..<a href="http://robinsonsarewaiting.wordpress.com/2009/04/29/fun/" rel="nofollow">Fun!</a></em></abbr></em> AMAZING!! Well done! We are struggling to pay off $40,000 right now – but being on parental leave after a super speedy international adoption (hence the debt) makes it very tough. I hope to knock it down to nothing as soon as I’m back to work in 3 more months… frustrating though!

Krista´s last blog post..Fun!

]]> By: Taylor at Household Management 101 http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-6045 Taylor at Household Management 101 Mon, 06 Apr 2009 13:41:43 +0000 http://smallnotebook.org/?p=843#comment-6045 What an inspiring story! We don't have credit card debt, but my husband is still in school and we have student loan debt for him. We are focusing on paying it off, but have slowed down because I was laid off. Hopefully one day we can pay all this off though, and be debt free. It is my dream! What an inspiring story! We don’t have credit card debt, but my husband is still in school and we have student loan debt for him. We are focusing on paying it off, but have slowed down because I was laid off. Hopefully one day we can pay all this off though, and be debt free. It is my dream!

]]> By: Money Management 101: An Introduction | Simple Mom http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-4696 Money Management 101: An Introduction | Simple Mom Mon, 16 Feb 2009 08:02:25 +0000 http://smallnotebook.org/?p=843#comment-4696 [...] $30K to $0: How We Became Debt-Free In One Year :: Small Notebook [...] [...] $30K to $0: How We Became Debt-Free In One Year :: Small Notebook [...]

]]> By: Links For Super-Charged Living - November 1, 2008 | My Super-Charged Life http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-2305 Links For Super-Charged Living - November 1, 2008 | My Super-Charged Life Sat, 01 Nov 2008 12:01:36 +0000 http://smallnotebook.org/?p=843#comment-2305 [...] Wise$30K to $0: How We Became Debt-Free in One YearThe Greatest Buying Opportunity of Our [...] [...] Wise$30K to $0: How We Became Debt-Free in One YearThe Greatest Buying Opportunity of Our [...]

]]> By: Bob http://smallnotebook.org/2008/10/13/30k-to-0-how-we-became-debt-free-in-one-year/#comment-2260 Bob Tue, 28 Oct 2008 23:46:42 +0000 http://smallnotebook.org/?p=843#comment-2260 That's great. Congratulations if that was your goal. But from a purely financial point of view, selling stock to pay off debt may or may not be the right decision. Of course these days it looks like a home run! But you have to look at the rate of return vs. the interest on the debt, as I'm sure you know. That’s great. Congratulations if that was your goal. But from a purely financial point of view, selling stock to pay off debt may or may not be the right decision. Of course these days it looks like a home run! But you have to look at the rate of return vs. the interest on the debt, as I’m sure you know.

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