Business owners may find themselves in this place by personally guaranteeing a business loan or credit card. You will need to make changes fast because you have more than a business to lose. The bank may come after your belongings, even your home if you fail to make payments on a business account.
Category Archives: Paying Off Debt
How We Paid Off Over 60K in Student Loans in Just Two Years
Josh shares his story about paying off all their student loans to become debt free within 2 years while sharing tips that contributed to their success along the way.
Excuses Are Not Reasons – Why Getting Out of Debt is So Hard
Excuses Are Not Reasons – Why Getting Out of Debt is So Hard I have struggled with debt for my entire adult life and it has been the source of great anxiety over the years. I’ve let debt hold me back from career opportunity, from relationships, and from allowing myself to simply live a better life. After firmly landing myself in over $25,000 of debt and only being able to pay off less than $2,000 each year if even that, I knew there was a problem. I needed to do something about it. You can follow my debt payoff journey […]
How We’ve Paid Off $20,000 of Student Loan Debt in the Last 14 Months
Matt & his wife have been getting gazelle intense about paying off student loans. Check out the strategies they’re using to eliminate their debt so quickly.
How Paying Off the Mortgage In 7.5 Years Changed My Outlook
Rob from Mustard Seed Money shares his story of paying off his mortgage in 7.5 years to become debt-free. Read how he was able to achieve this and how you can move towards a debt-free lifestyle as well!
This New Year’s Resolution: Get Out of Debt
Make your 2017 New Year’s resolution to finally get rid of your debt. Doing so will help you have a breakthrough year for your financial life.
I Paid Off $33,000 Of Student Loans In 18 Months On A Teacher’s Salary
Kyle shares how he paid off over $33,000 in 18 months while earning a teacher’s salary! Check out his tips here to implement on your debt free journey!
To Invest or Pay Off Student Loans First? How Would You Answer?
Should we invest money first or aggressively pay off student loans? It’s the age old question! See my response and weigh in yourself!
We Finally Closed Our Credit Card Accounts
So, Sunday morning I was hustling around and trying to get as much done before having to head out to church, taking advantage of my wife and kids being gone (they slept over at grandma’s house). It’s amazing the things you can get done when you are distraction free lol. Anyways, we have been going through Financial Peace University, and last week, we had the “Dumping Debt” lesson. Now, Jenni and I have been debt free, other than our house, since June 2013. But, for some reason, I couldn’t bring myself to actually close our two credit card accounts because […]
Characteristics of Debt-Free People I Try To Emulate
When you think of debt free, what kinds of things come to mind? Check out these 7 characteristics I’ve chosen to emulate as I take my financial journey.