Today, I have a great debt payoff story. I've known Lauren for years – pretty much ever since I started Making Sense of Cents years ago! She was one of the first blogs I read actually.
Lauren Mochizuki is an ER nurse, wife, and mother. She and her husband paid off $266,329.01 in 33 months. They also purchased their fixer-upper dream home, and renovated it without going into debt. At her blog www.casamochi.com, she is sharing her home renovation story, encouraging others to become debt-free, and that one can live a great life while being on a budget. Enjoy her story below!
Female, age 25, nurse, recently married, living her life with no regard to finances. Frequently dines out, goes to concerts, travels to foreign countries, never volunteers to work any extra shifts, lives beyond her means. Purchased a brand new Subaru Forester, husband also purchased a brand new car, lives in an 1,100 square foot condo.
Total debt owed: $266,329.01. [Read more…]