Debt Free News #26 – Deacon Hayes

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Getting out of debt is one of the greatest joys on the planet! Don’t believe me? Try it. Those that have achieved debt freedom know it and those that want debt freedom need to be reminded of it. Life is tough sometimes but it’s a lot nicer to be facing the many obstacles and unforeseen circumstances life throws at us without debt making it even tougher. Getting out of debt is a marathon not a sprint and it takes time to get there but it is so worth it. If you have debt and are wanting to rid yourself of […] Read more »

Debt Free News #25 – Scraps

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Every debt free story submitted is special. I smile from ear to ear every time I read a new submission. I’m equally as excited about today’s Debt Free News because today’s story comes from someone who has followed Enemy of Debt since the beginning.  It was readers like Scraps that kept me on the path to educating the world about debt and living a debt free life. Scraps is special to me because we have continued to chat over the years and we have often emailed back and forth about things she’s going through or just to chat about something […] Read more »

Debt Free News #24 – Jeff Lundberg

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The Enemy of Debt Questionnaire – Congratulations to Jeff Lundberg! How much debt did you have and how long did it take you to pay it off? We paid off over $65,000 in 22 months. How does becoming debt free actually feel? Does it feel better than you imagined it would? We paid off our last debt (besides the mortgage) last month. It feels great! We’re very excited to start building wealth and being able to give!? What were some of the struggles that you had to deal with along the way? Was there ever a time where you almost […] Read more »

Debt Free News #23 – Serguei Merzliakov

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The Enemy of Debt Questionnaire – Congratulations to Serguei Merzliakov! How much debt did you have and how long did it take you to pay it off? Took a relatively small 20k loan to finance my nightschool studies (professional education with chartership at the end). Took 4 years of sweat to repay it as I became unemployed in year 3. Used advice from Eliminate the Muda, Wisebread, and The Motley Fool. Finally, going shopping with the list and not being afraid to donate old things (without replacing it) was also helpful – gave me understanding of my own spending habits. […] Read more »

Debt Free News #22 – Bobbie Bushman

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Happy Monday everyone! Today I thought I would share another Debt Free Story with you. It’s been a while and this series has become very popular so I hope you enjoy this one. This Debt Free News edition is actually one of my favorites. Not because previous debt free stories are any less exciting but because it so closely resembles my story. When we were plagued with debt we both worked our tails off and in the very beginning of our marriage we spent more time with our co-workers than we did with each other. We passed each other at […] Read more »

Debt Free News #21 – Congratulations Amy

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The Enemy of Debt Questionnaire – Congratulations Amy! How much debt did you have and how long did it take you to pay it off? I took a 401(k) loan in 1997 of $8,000 for a down payment on my condo. My mortgage was $34,800 for 15 years. I paid off the mortgage in 2005. I paid off the 401(k) loan in 2001. I bought a new SUV in 2006; did a dumb thing by trading it on a new model in 2008; the car loan was paid off in 2010 (it started out about $25,000.00 – stupid, I know […] Read more »

Debt Free News #20 – Jenny of Ex-Consumer

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Guess what folks! Debt Free Friday is back and today I want to congratulate Jenny from Ex-Consumer, and her husband for becoming debt free! Woo-hoo! That is awesome news for sure. For all of you debt free enthusiast out there, I hope you take the time to read this story of hope and freedom. Be inspired by Jenny and all those who came before her! You’re NEXT! Make your plan to become debt free and get down to business! We’ll all be rooting for you here at Enemy of Debt so be sure to drop by for motivation and some […] Read more »

The Resurrection of My Debt Free News From Debt Free Readers Series

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Do you miss reading stories about regular everyday people becoming debt free? I do, which is why I want to try and get that series up and running again. I haven’t had a Debt Free News submission in quite some time, but I find it hard to believe that it’s because no one else has become debt free. Are you debt free? Share your story by answering a few short questions about your debt free journey so your experience may inspire someone else to start their own. The good news is you don’t have to wait for another submission to […] Read more »

Debt Free News From A Debt Free Reader #19

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Happy DEBT FREE FRIDAY everyone!! Christmas is almost here. Are you ready? Will your Christmas be a Debt Free Christmas in 2010? I know someone who will be having a debt free Christmas this year. Dave, the author of I Heart Money. He has a book about how to change your relationship with money so that you can pay off your debt and build assets! Regardless of how it sounds, if you are still in debt you can have a debt free Christmas. That’s right and it’s real simple too. Buy Christmas with money you have! If you use credit […] Read more »

Debt Free News From A Debt Free Reader #18

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If you act responsibly and understand that it's up to you to secure your own future, you can have the fun you want without all the stress that comes with running up debt to do so! I recently met some folks who were down on their luck, but it wasn't their luck that was keeping them down, it was their attitude about their situation that was doing the most damage. They seemed to have given up and were ready to accept that life would always be this way for them. NOT TRUE! Don't believe that for one second if you find yourself in similar circumstances. Read more »

Debt Free News From A Debt Free Reader #17

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Welcome to another Debt Free Friday! I absolutely love doing this series! I hope it inspires you or someone you know to eliminate some debt. Today’s debt free story comes from a friend of mine, and one of the very first Canadian blogs I ever started reading. He has excellent advice that apply to Canadians but also great personal finance advice in general. We may disagree on the issue of “good debt vs bad debt”, but that’s small potatoes if you ask me. 🙂 “Tom Drake is the owner and head writer of Canadian Finance Blog. Tom has paid off […] Read more »

Debt Free News From A Debt Free Reader #16

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Happy Friday everyone! Right now I am enjoying myself on a fishing trip with my father-in-law, so I hope I catch some yummy fish! Have a great weekend, but before you do, I hope you enjoy this wonderful and inspiring debt free story. I love these kinds of stories!! I checked out Our Debt Free Path and knew immediately that these were my kind of folks. They are passionate, and best of all, they too, are doing the Total Money Makeover! Whether you like Dave Ramsey or not, you have to admit the guy has an awesome game plan for […] Read more »

Debt Free News From A Debt Free Reader #15

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Happy Friday! Sorry for the delayed post but last night was spent celebrating Noah’s first birthday. We went on an intense hike on the Blue Ridge Parkway here in Virginia, and I was pretty beat last night. It was a fun day though and definitely worth it! Now let’s get to business. Becoming debt free is no less fun! Our next submission comes from someone I have known since taking on my own debt free journey. We have kept in contact over the years and now he is finally debt free himself! Congratulations Chuck! It was a long hard fight […] Read more »

Debt Free News From A Debt Free Reader #14

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Welcome to Another Debt Free Friday Baby! This next debt free blogger is an inspiration, and quite frankly, I like her style. She is something that doesn’t seem to go together these days; young and financially savvy. Something else that I find interesting is how she embraced minimalism to combat her prior spending habits. My wife and I have felt the liberating feeling that comes with getting rid of our crap, and recently made great money doing it. I am definitely a believer that less is actually better! The other thing I like about FB is her nomadic side. I […] Read more »