Hello! Today, I have a guest post from Dave at The Dollar Blogger. Dave lost his job, and then 2 weeks later his wife was laid off. This is their story of how they got by, their sacrifices, strategies, and more.
I’ll be honest – I’m not one for excessive frugality. I wouldn’t consider myself frivolous, at least, not anymore, but my wife Mary and I were hit with a solid dose of reality when we lost all of our income over the course of two weeks in 2012. One wrong turn and a layoff two weeks later took Mary and me from making over $100,000 in a year to zero income.
In this post, I’m going to share with you this scary financial hardship that rocked our world, and how the two of us got through it successfully and back on our feet.
We also learned some life-changing lessons about money, which is excellent for anyone who suffers a sudden and total income loss.
In the end, we lived on $2,000 a month, for just over three years.
- How We Paid Off $100,000 of Debt on a Single Income
- How We Paid off $266,329.01 in 33 Months
- How Amanda Paid Off $133,763 In Debt in 43 Months