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6 Ways To Drastically Cut Your Food Budget And How We Spent $1.25 A Meal

Updated  // Erin // 4 Comments

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Our personal challenge for the month of May was to not eat out, and we were successful at doing just that!  It wasn’t always easy, but it was very rewarding both fiscally and personally.  We decided to allocate ZERO dollars for eating out and $300 for groceries.  Both were dramatic shifts to how we had …

When Shopping, Don’t Look for Stuff to Buy, Buy Stuff You Need

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When Erin and I started our debt payoff our attitude about shopping changed for the better and it was a big reason we were able to stay within our budget and put as much money as we did towards our debt.  The big difference?  It was that we bought stuff we needed rather than going …

Yes, You need a Budget

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It seems to be very popular to write about how a budget isn’t necessary because “they don’t work” or “who really sticks to them?”  Well, sorry to say, yes, you need a budget and no, those aren’t valid excuses for not doing one. I honestly feel that if you want to have true financial success …

Do You Really Want to Die with Your Debt?

Updated  // Kevin@DebtFreeHappens // 2 Comments

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THE STATISTICS According to a recent Fox Business article 73% of people have outstanding debt when they die.  They have an average of $62K of debt which including mortgage debt.  If you remove the mortgage debt then there is still is an average balance of almost $13K.  That is insane and honestly really depressing! This …

How to Use Your Money Towards Debt

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So we are all in different spots when starting your debt pay off journey.  Some have absolutely no liquid money available to throw at their debt and others have thousands of dollars to start out with yet still keep debt around.  I’ll break down how I would approach the various scenarios towards using that money …

Debt Free Happens…..

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Debt free happens when you spend less than you earn.   Debt free happens one day at a time.   Debt free happens one decision at a time.   Debt free happens when you say no.   Debt free happens when your back is against the wall.   Debt free happens when you are sick …

The Debt Snowball Method – Let’s get emotional!

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The debt snowball method is the approach Erin and I took to pay off our debt of $107K in 2 years and 9 months and is the method we would recommend to anyone looking to pay off debt.  It is an approach where you pay off your debts smallest to largest regardless of interest rates. …