fbpx

Our Debt Free Family

Commit. Plan. Take action.

Birthday Reflections: How We Measure Success By Age

| Leave a Comment

<p>January 29 is my birthday. This year, I'm turning 28 years old and there is a lot changing in my life all at once it seems. Every year, I take some time to do birthday reflections and consider how far I've progressed in the past year. I note things I accomplished, things I enjoyed, things I'd do again (and things I wouldn't), and how the year went. It is also a moment to reflect on what I'd like to do in the year to come.</p>::Pexels

January 29 is my birthday. This year, I’m turning 28 years old and there is a lot changing in my life all at once it seems. Every year, I take some time to do birthday reflections and consider how far I’ve progressed in the past year. I note things I accomplished, things I enjoyed, things I’d do again (and things I wouldn’t), and how the year went. It is also a moment to reflect on what I’d like to do in the year to come.

My Birthday Reflections

This year, my birthday reflections looked a little different. I’m sure many people looked back on the year 2022 and thought, “worst year ever.” In many ways, that was true for me. There was a lot of stress. I didn’t meet all of my goals for the year. But, like many people, I kept going and kept things afloat (somehow). In 2022, I took better care of my health and took more time for self-care as well. That is something I’m proud of.

Financially, 2022 was not the greatest. There were several large emergencies that crippled us. Family emergencies seemed to pop up every other month and then we rounded out the year with a four-hour move back to North Carolina.

When it comes down to it, the year ended in a way that helped improve our lives in a big way. I hope to continue growing positively as a family this year as well.

Why You Shouldn’t Compare Yourself to Others

It is truly a mistake to measure your success against others your age. There are a lot of factors that impact how you have progressed through life. For instance, you may have had to battle serious financial struggles or mental health concerns. Not everyone your age has had to deal with those things.

On the same note, not everyone has the same long-term goals as you do. A friend of mine was speaking about graduating with her doctorate soon. She’s been working nonstop to achieve that goal but feels behind when she compares herself to her peers. Many of us have graduated and gone on to pursue careers six years ago. However, none of us will have the honor of being called a doctor. While we’ve been working to rent apartments and pay off student loans, she’s been making her dreams come true.

What I’m trying to say is if birthday reflections or self-reflection, in general, are part of your life, consider your own personal goals rather than what your peers are doing. True happiness will stem from achieving those personal goals.

Read More

People Rarely Take Their Own Advice

| Leave a Comment

<p>As we've made plenty of decisions about our lives and finances, many people have offered up words of wisdom to help us get through. However, something I've noticed is that people rarely take their own advice. In fact, when I think about it, it may even go back to the age-old saying my own mom recited to me, "Do as I say and not as I do." But why is it that people seem to be able to offer up advice that they themselves can't take (or at least can't seem to adopt in their own lives)?</p>::Pexels

As we’ve made plenty of decisions about our lives and finances, many people have offered up words of wisdom to help us get through. However, something I’ve noticed is that people rarely take their own advice. In fact, when I think about it, it may even go back to the age-old saying my own mom recited to me, “Do as I say and not as I do.” But why is it that people seem to be able to offer up advice that they themselves can’t take (or at least can’t seem to adopt in their own lives)?

The Truth Behind It


Most of the time when people offer up their shining advice on a silver platter it is something they rarely do (or have ever done) themselves. When it comes down to it though, it is simply hard to be your own advisor. Your emotions and additional internal knowledge will cloud your judgment and lead you to make decisions that you, perhaps, would not recommend to anyone else.

More simply put, when you are not in the middle of a problem, you are better able to look at the issue objectively without all those pesky, irrelevant details. A blog post from The Cut outlined one specific example of when people talk about health issues. When we discuss health problems with someone else, we almost always suggest they get a second opinion. Once your doctor’s appointment arrives though, many people neglect to ask for a referral for a second opinion.

Why? Well, most people say that they don’t want to offend their doctor. This is something irrelevant to the actual decision at hand. When you are on the outside looking in, it is easier to look at it objectively. The same can be said of career advice, hair advice, and pretty much anything else.

Will You Take Your Own Advice?

Even I am guilty of doing this. I push the debt snowball (which I still haven’t nailed down for our family). I write on this blog every week while my finances are still not in tip-top shape, but the advice I am able to give here is from my own personal experiences. Even if I’m not taking that advice right now, per se, they are things that have helped me.

Any time you are looking at someone else’s situation, it is easier to really see the big-picture view. Having that same view when it comes to your own life is hard. It is easy to get hung up on the small stuff. But, when it comes down to it, it is all small stuff – so don’t sweat it.

When you consider offering up advice to someone, solicited or unsolicited, think about whether or not you follow that piece of advice yourself. Or, maybe, more importantly, think about whether you should be following those words of advice. Chances are, you are telling them something you need to hear too.

Readers, do you have trouble following your own advice, even when it is good?

Read More

The ‘Feel Good’ of a New Year

| Leave a Comment

<p>Most of us were ready to kick 2020 to the curb at midnight on December 31st. While 2022 definitely was not our best year, it certainly wasn't our worse. We have so much to still be thankful for in this world and now we have even more to look forward to in the new year.</p>::Pexels

Most of us were ready to kick 2020 to the curb at midnight on December 31st. While 2022 definitely was not our best year, it certainly wasn’t our worse. We have so much to still be thankful for in this world and now we have even more to look forward to in the new year.

The new year brings hope to many people. It is a fresh start, endless opportunities, and all of that, right? But what about when the “feel good” of the holiday season wears off and you’re stuck here, in March, with none of the same optimism you had before? What then?

This year, I’m looking for ways to renew that “feel good” of the new year every day.

Why Tomorrow Always Seems Better

As a chronic planner, tomorrow always seems like a better opportunity or day to get things done. Why? Because then I can plan, or really daydream, about everything I’ll get done and how perfect it will be. News flash – nearly nothing works out that way.

In high school, we read The Great Gatsby in class and examined a very similar theme: the idea of something is always better than reality. This is true of many things (in Gatsby, it was The American Dream). My teacher at the time made a connection that has forever stuck with me though. It is like when you wake up on Thursday and all day Thursday you are looking forward to the weekend. It has been a long week, you’re ready to let loose. Once the weekend arrives though, we rarely do all the things and plans we set out to do.

Tomorrow is always where we seem to place the best of what is to come.

Today is the Day in the New Year

This year, I’m attempting to extend the “feel good” of the new year to each day by treating each day as a new opportunity. I’m not a morning person so I can’t say my feet will hit the floor with joy each day, but they will hit the floor with purpose.

Many of us, myself included, could adopt this mindset when it comes to our finances as well. Think about it: if you wake up and decide “today, I will pay $100 towards my debt,” and you do it, you will be that much further along. Instead, much of the time, we put things off until the payment date or until we can pay in full.

Get what you can get done today done and remember tomorrow is yet another opportunity to do even more. This is what will help me (and hopefully you) extend the “feel good” of the New Year beyond the first week.

Readers, we hope you have had a safe and healthy holiday season! What resolutions are you making this year?

Read More

More Money, More Problems?

| Leave a Comment

<p>The Notorious B.I.G., or Biggie, once said "more money, more problems." For Biggie, that rang true in many ways, but most of us "everyday" people think to ourselves. More money would probably solve 90% of my problems. However, it is true. The more money you make, the more problems you'll have to solve.</p>::Pexels

The Notorious B.I.G., or Biggie, once said “more money, more problems.” For Biggie, that rang true in many ways, but most of us “everyday” people think to ourselves. More money would probably solve 90% of my problems. However, it is true. The more money you make, the more problems you’ll have to solve.

Why We Need More Money

In my case, we have to push to earn more money to solve our problems. We’ve had a lot of unexpected expenses recently. Doctor’s visits, car repairs, and buying health insurance have had us pinching pennies for several weeks. Our fix? Well, make more money, of course.

Many people in the personal finance space tend to say, “No, you don’t need more money, you need a tighter budget” or “You need to pay down your debt.” While these things are absolutely true, our cost-of-living for our family is increasing. Here are some of the recent (expected and unexpected) costs we’ve encountered.

  • Two out-of-pocket doctor’s visits: $500
  • Purchasing health insurance: $278 (and $278 recurring cost)
  • Oil change on the car: $106
  • New tires on the car with alignment: $550

There are some more repairs needed on the car in the near future as well. As you can see, we’ve had well over $1,000 in recent expenses and these are only continuing to pile up. So, we’ve been looking at ways to earn more money.

Hubby Got a New Job

Our biggest “win” as far as earning more has been my husband landing a new job. He has been contemplating whether or not he wants to go back to work in a shop or not. After moving back to North Carolina from Atlanta, he decided to focus on looking for something car-related but not as a mechanic.

He landed an awesome gig writing about cars and working from home. It has been about two months and he has been published multiple times now. Eventually, he would like to expand to car reviews, videos, and podcasts, but this is a great start. What’s even better is it pays really well, so we are going to be able to afford all the repairs coming up and my health insurance each month.

We are also going to need new computers soon (both of ours are on their last legs). Luckily, we both have some flexibility in our earnings and can push to make more when we need it. So, in our case, more money will solve a lot of our problems.

I still love the Biggie song though…

Read More

What Is the Real Problem Behind This Couples’ $232000 in Debt?

| Leave a Comment

<p>Occasionally, I also write on another personal finance website called Saving Advice. The site, which typically gives out financial advice and insights into saving methods, also has a blog section where everyday people can blog about their finances. There are a number of people who have blogged there for over a decade. One of the newest members is what recently caught my attention though.</p>::Pexels

Occasionally, I also write on another personal finance website called Saving Advice. The site, which typically gives out financial advice and insights into saving methods, also has a blog section where everyday people can blog about their finances. There are a number of people who have blogged there for over a decade. One of the newest members is what recently caught my attention though.

An American Debt Story

In the original post, the blogger outlined their debt and broke it down into accounts. Immediately, people began to comment on the couple’s astounding debt figures. After having paid off more than $60,000, they remain $232,000 in debt. From the post:

A bit about myself, I’m a thirty-something-year-old woman living in Alaska with her husband who’s in the ARMY and 3 children (16yo girl, 13yo girl, and 4yo boy). I’m a Dave Ramsey enthusiast although I do disagree with some of his teachings (for example, saving $1,000 for emergency fund).

The comment section was full of suggestions on what the family should do as well as other personal stories to help her know that she’s not alone. In fact, a lot of people on the site have paid off six figures in debt. But the real question is how does $232000 in debt accrue?

How Do You Get $232000 in Debt?

First and foremost, if you take a look at the original post (linked above), you will see that the family has FOUR car payments they are in charge of making. This one of the biggest red flags on the list of their debts. They also have tens of thousands of dollars in credit card debt. There are also a number of personal loans and student loans listed as well.

All in all, there has been very little reflection (on the part of the blogger) on what got them into this situation, to begin with. They owe payments on a Prius, truck, van, and RV. There is no doubt with three children that the van is likely needed, but the other vehicles are excess. The blogger says that they use the Prius for Doordash, but even the average Doordash salary would not excuse the monthly cost in car payments.

When it comes to “how does this happen,” it is the lack of self-reflection that plays a huge role. When a problem arises, a loan came through for them in an emergency instead of a savings fund. They have also made a lot of unnecessary expensive purchases.

My Thoughts

Of course, I still hold quite a bit of my own debt. We have not been able to make much progress on our debt freedom journey in recent months, but we are able to truly examine our finances. At this time, while she’s made a huge step in blogging about their debt, she hasn’t truly examined their finances.

She lists budgeting as one of her hobbies in the first post. However, she is still budgeting outside of what they actually have coming in. She is budgeting around debt payments and loan money. I think before she truly makes progress beyond the minimum payments she will have to identify what got them there in the first place.

For our family, we continued to go into debt because we overspent or thought we could afford more than we actually could (i.e. higher rent, too high car payments, etc). This is because we lived paycheck-to-paycheck our entire lives. So, when we got paid, it was “treat yourself” day. Because of this, we have to budget a set amount of money for “fun” activities so we don’t splurge. The reasoning behind their family’s debt will likely look different and so will the solution.

Readers, what do you think about this couples’ $232000 in debt? What would you suggest for them? 

Read More

Frugal Date Ideas for All Year Long

| Leave a Comment

<p>Taking time to spend with your significant other is always a good investment. In our home, we have at least one night per week that cell phones are put down and we just spend time together. It is necessary to maintain our relationship. Sometimes, we like to incorporate some fun date nights too. There are people who might use something like True Pheromones to make themselves extra-appealing to their partner if they want to put them in the mood for an intimate evening in together. However, going out for a date can get pretty expensive, depending on what your plans are. Here are some frugal date ideas that we love.</p>::Pexels

Taking time to spend with your significant other is always a good investment. In our home, we have at least one night per week that cell phones are put down and we just spend time together. It is necessary to maintain our relationship. Sometimes, we like to incorporate some fun date nights too. There are people who might use something like True Pheromones to make themselves extra-appealing to their partner if they want to put them in the mood for an intimate evening in together. However, going out for a date can get pretty expensive, depending on what your plans are. Here are some frugal date ideas that we love.

Frugal Date Night In

My husband and I are both fans of the “date night in,” especially in the post-pandemic world. Some of our favorite things to do at our home cost next to nothing too. Consider adding some of these activities to your plans!

  • Check out your streaming services. If you are like us, you don’t get a chance to watch all of the shows and streaming services we’d like to. Take a moment to check out what you’re subscribed to and make a list for your date night. Curl up with your favorite snacks and settle in for the night. (This is probably our favorite of the frugal date ideas.)
  • Take advantage of a free trial. If there is a movie you’ve been wanting to see or a show you’ve been wanting to binge-watch, take advantage of a free trial on date night. You can start the show or watch the movie free of charge. Just don’t forget to cancel your subscription before you get charged!
  • Play a game of cards or break out the board games. Every once in a while we will pull out a deck of cards and play a few games of Rummy. We also have a few board games we take out of the closet occasionally. These are great, fun ways to spend date night at no cost.
  • Try out Playstation Plus. This service gives you access to a wide variety of different video games. You can try out some new games you’ve never played and have a great time. They offer a free trial and then after that it is $9.95 per month. If you’re both avid gamers, it can be a great cheap date night every month.
  • Make homemade pizza or pick a recipe to try. Cooking in will always be cheaper than ordering food or eating out.
  • Learn something together. We like to seek out documentaries about new things, YouTube videos, and other informational materials and learn new things together. It can give you something new to talk about and is an extremely frugal date night.
  • Get physical. You can get a wide range of workout videos on YouTube. Pull up a yoga class or cardio class to do together.

Other Frugal Date Ideas

Of course, you don’t have to stay in to stick to your budget when it comes to going on a date. There are plenty of frugal date ideas outside the home as well. When the weather is nice, we enjoy some of these on a regular basis.

  • Head to the park.
  • Go on a hike.
  • Rent bicycles or roller skates.
  • Pack a picnic and take a drive.
  • Find a drive-in movie theater.
  • Plant flowers or work in a garden.
  • Search for coupons or deals for local restaurants.

These are just a few of our favorite go-to date ideas, but there are plenty of ways to spend time with your significant other without breaking the bank. Think about what your partner might enjoy doing and find a few frugal dates you’ll love. Readers, do you have any frugal date ideas to add? Leave yours in the comments!

Read More

How to Create an Aggressive Savings Plan

| Leave a Comment

<p>Our family is attempting to save more money in the coming months with some big changes on the horizon. When we started trying to plan for this, we started throwing around some pretty big numbers. However, I know from previous experience these lofty numbers are difficult to reach and focus on. So, how do you create an aggressive savings plan?</p>::Pexels

Our family is attempting to save more money in the coming months with some big changes on the horizon. When we started trying to plan for this, we started throwing around some pretty big numbers. However, I know from previous experience these lofty numbers are difficult to reach and focus on. So, how do you create an aggressive savings plan?

How to Create an Aggressive Savings Plan

First and foremost, before you start planning out the perfect savings plan for you and your family, you should research some of the best high-yield savings accounts. These will give you more bang for your buck in terms of interest rates. Once you find a savings account that you want to use, then you can begin crafting the ultimate savings plan.

Set a Specific Savings Goal

You need to have a specific number in mind when you are setting a savings goal. Decide why, or what, you are saving for and focus on that. For example, you want to save $10,000 by the end of the year in preparation for a new baby. This gives a why, an amount, and a period of time in which to meet the goal. Your savings goal may be smaller. For instance, you may need to save $1,000 for an emergency fund by the end of next month. Whatever the goal is, it needs to be specific.

Really Examine Your Finances

When I say really examine your finances, I mean with a fine-tooth comb. You need to know how much money is coming in, what’s going out, and be able to identify unnecessary expenses. When we took a closer look at what we were spending we realized we overspent on our grocery budget every single month. Why? We eat out too much. It is pretty simple, but when you see the numbers behind it (in our cases hundreds of dollars), it can inspire change. That money really starts adding up once you start stacking it in your savings account.

Stop Spending and Find Ways to Grow

When you examine your finances, you’ll likely find things you didn’t know you were wasting money on. Determine where your costs can be decreased and trim those expenses. For instance, if you are trying to save $10,000 by the end of the year, skipping your bi-weekly manicure will probably help you get there.

In addition to finding areas in your budget to trim, you should also find new ways to bring in money as well. Look for a side hustle or part-time job to amp up your savings even more.  Or consider some basic hacks, such as using rebate sites when you shop, making use of coupons, or possibly scanning your receipts for some extra savings.

While saving money may be a top priority for you right now, that doesn’t mean you should cut all of the fun out of your budget. In fact, cutting everything out of your budget is a bad idea and can lead to abandoning your savings plan altogether. Instead, incorporate rewards for meeting goals and milestones into your budget. You should also keep one or two fun things in there as well.

What Makes a Savings Plan Aggressive?

Now, you may be thinking this doesn’t sound very different from any other savings plan, but what makes your plan aggressive is the amount of time and effort you are willing to put in. You may want to save $10,000 in the fastest amount of time possible. To do this, you may decrease your spending, pay down debts and reallocate the funds to savings, and look for additional work to increase your income.

All in all, an aggressive savings plan is all about how aggressive you make it. Some individuals will move out of their home, rent a room, and slum it for a few months to completely overhaul their finances. Other people, myself included, want to find a more comfortable way to master saving.

Be Patient With Your Progress

No matter where you are in your financial journey, patience is key. I have learned throughout my own debt freedom journey and my relationship with finance that when you run out of patience, you also run out of the drive to make your goals happen.

One thing you should always strive to do throughout your own personal journey is learning from your mistakes. When something doesn’t go as planned or things fall through the cracks, really think about why it happened and what you can do to improve. You may not get it on the first, second, or even third try, but not giving up is the important part.

Readers, have you ever created an aggressive savings plan? How much did you save? How much time did it take?

Read More

Debt Blogs to Follow for Inspiration

| Leave a Comment

Debt Blogs to Follow

Finding inspiration on your debt free journey can be a struggle sometimes, especially if you’re feeling like you’ve run out of ideas. Inspirational quotes can only go so far. That being said, there are plenty of inspirational debt blogs to follow if you need a good debt freedom story or piece of advice.

Debt Blogs to Follow When You Need to Be Inspired

When I started my debt-free journey, I was lucky enough to have this platform to look back at some really inspirational debt stories. That made me want to go searching for more. These are just a few great debt blogs I’ve been following.

Club Thrifty

Club Thrifty is another great debt blog to follow. The blog’s motto “Stop Spending. Start Living.” is really all you need to know! If you want to become (and stay) debt free, more than likely you’ll have to be a little thrifty and this is a great place to find inspiration.

Dear Debt

You may have read my suicide prevention post last year. Dear Debt’s Melanie sponsors those suicide prevention blogs each year. She’s paid off $81,000 in debt and has continued to help others reach their goals through public speaking and her blog.

JackieBeck.com

Jackie Beck and her husband paid off $187,000 in debt, including their mortgage. On top of having a blog helping others become debt free, Jackie has also launched her own app and has a number of helpful finance tools.

My Debt Epiphany

My Debt Epiphany focuses on gaining financial freedom. Started by Chonce, a certified personal finance coach, the blog has a number of resources available. Not to mention, it also provides insights into Chonce’s debt payoff progress and things she’s doing to gain her financial freedom.

Debt-Free Podcasts to Give a Listen

<p>debt blogs</p>::Pexels

Podcasts have become more trendy as well. In fact, I find myself listening to The Dave Ramsey Show while I’m writing all the time (which is mentioned below). However, there are plenty of other great debt podcasts to listen to if you’re not a huge fan of Ramsey’s tactics.

Chain of Wealth

I was featured on Chain of Wealth towards the end of the year last year. This podcast has some really great episodes!

Follow Me Out of Debt

Follow Me Out Of Debt podcast is an easy-to-understand conversation. It comes out once a week and follows the advice of well-known influencers, such as Dave Ramsey and Suze Orman. Tom, the podcast host, lets listeners know which strategies have worked the best for him in his debt freedom journey.

Frugal Friends Podcast

As mentioned a few times on this blog post, and many other posts on Our Debt Free Family, frugality and debt freedom often go hand-in-hand. Jen, one of the podcast’s hosts, paid off $78,000 in debt. Her co-host, Jill, loves to scout out great deals and lives for being frugal. It is a great thing to give a listen if you’re looking for ways to cut spending and maintain motivation on your debt free journey.

Know Debt, No Problem with Mary A. Wheeler

Mary Wheeler delves into tackling student loan debt and moving forward financially. She offers real-life stories and situations that have led her to where she is now (debt free and loving it).

The Dave Ramsey Show

Last, but certainly not least, The Dave Ramsey Show. You can catch Dave’s on YouTube, iTunes, and just about any other streaming source. While his approach can be a little rough and to-the-point, he has helped thousands of people get out of debt and obtain financial freedom with his advice.

These are just a few of the debt blogs and podcasts I follow. Have one to add to the list? Comment below!

Read More

My Favorite Debt-Free Instagrammers

| Leave a Comment

<p>Instagram is a great place to find other people in the debt-free community. Many Instagrammers share debt updates, budgets, saving tips, and real-life experiences in their own debt freedom journey. Here are five of my favorite debt-free Instagrammers.</p>::Pexels

Instagram is a great place to find other people in the debt-free community. Many Instagrammers share debt updates, budgets, saving tips, and real-life experiences in their own debt freedom journey. Here are five of my favorite debt-free Instagrammers.

My Top Five Debt-Free Instagrammers

There are so many fabulous and inspiring debt-free families, couples, and individuals over on Instagram. If you haven’t already signed up for Insta, do it! Then check out these five accounts…

1. The Savvy Sagittarius

<p>Elyse, also known as The Savvy Sagittarius on Instagram, has paid off ,500 in debt. Over the time she paid off her debt, she’s documented her journey on Instagram. She also now provides helpful tips to others getting started and keeps everyone updated on her current financial success. Elyse often performs challenges, such as No Spend September, and she updates her audience on her savings goals. This is a great Instagram page to follow if you’re looking for someone who is financially focused.</p>::Pexels

Elyse, also known as The Savvy Sagittarius on Instagram, has paid off $36,500 in debt. Over the time she paid off her debt, she’s documented her journey on Instagram. She also now provides helpful tips to others getting started and keeps everyone updated on her current financial success. Elyse often performs challenges, such as No Spend September, and she updates her audience on her savings goals. This is a great Instagram page to follow if you’re looking for someone who is financially focused.

2. The Budget Mom

<p>The next on my list of debt-free Instagrammers is Kumiko Love or The Budget Mom. Kumiko started out as a broke, single mom and has seriously transformed her life. She has gained financial and debt freedom. Now, she shares her experience and knowledge with others. Best of all, she posts a lot of free tools and templates to help you get started with budgeting, saving, and paying off debt.</p>::Pexels

The next on my list of debt-free Instagrammers is Kumiko Love or The Budget Mom. Kumiko started out as a broke, single mom and has seriously transformed her life. She has gained financial and debt freedom. Now, she shares her experience and knowledge with others. Best of all, she posts a lot of free tools and templates to help you get started with budgeting, saving, and paying off debt.

3. Kiwi Girl on a Budget

<p>This Instagrammer is possibly one of my absolute favorites! They paid off an astounding 6,000 in debt in 39 months. How amazing is that?! Now, the main focus of the couple as they move forward in their financial journey is investing money for the future. They are investing 70% to 0K. The page itself offers up some good tips and inspirational posts to help motivate you on your own financial journey.</p>::Pexels

This Instagrammer is possibly one of my absolute favorites! They paid off an astounding $556,000 in debt in 39 months. How amazing is that?! Now, the main focus of the couple as they move forward in their financial journey is investing money for the future. They are investing 70% to $100K. The page itself offers up some good tips and inspirational posts to help motivate you on your own financial journey.

4. Debt Free By Thirty

<p>I think I enjoy following this page so much because the creators are closer to my age. As you can probably tell by her name, the goal is to be debt-free by the time she turns 30. I will be 30 myself in less than two years. So, the story here is pretty inspiring to me personally and you may find it to be too! Rachel has already paid down a significant amount of debt. She started with ,000 in September 2019 and now only holds ,950 in debt. She shares regular progress updates and tips as she goes, which are helpful too.</p>::Pexels

I think I enjoy following this page so much because the creators are closer to my age. As you can probably tell by her name, the goal is to be debt-free by the time she turns 30. I will be 30 myself in less than two years. So, the story here is pretty inspiring to me personally and you may find it to be too! Rachel has already paid down a significant amount of debt. She started with $54,000 in September 2019 and now only holds $36,950 in debt. She shares regular progress updates and tips as she goes, which are helpful too.

5. Debt Free Weirdos

<p>I was originally drawn to this page because of the quirky name. Isn’t everyone in the debt-free community a little weird? What kept me sticking around was their amazing story. They’ve paid off more than 0,000 in debt! They have less than ,000 to pay off and are just killing it. As of September 24, 2021, they will be completely debt-free. They’ve talked a lot about how they will celebrate and I can’t wait for them to reach that goal. It is truly inspirational.</p>::Pexels

I was originally drawn to this page because of the quirky name. Isn’t everyone in the debt-free community a little weird? What kept me sticking around was their amazing story. They’ve paid off more than $240,000 in debt! They have less than $7,000 to pay off and are just killing it. As of September 24, 2021, they will be completely debt-free. They’ve talked a lot about how they will celebrate and I can’t wait for them to reach that goal. It is truly inspirational.

These are just a few debt-free Instagrammers out there. Do you have any Instagram accounts you love to follow? Drop them below!

Read More