Category: Debt Free Stories

Today’s debt free story is from Ashley Jacobs, who’s now driving around town in her paid-for car! Here’s her story.

Tell us a little bit about yourself.

I live in Newport Beach, CA with my 6 year old golden retriever, and I’m the community manager at Wise Bread. When I’m not working I enjoy beach time with my pup, indoor rock climbing, and spending time with family and friends.

You paid off your Jeep! What made you decide to do so?

I’m beyond excited about paying it off! I purchased my Jeep in December of 2012 and bought it new. I know everyone says not buy a new car but since I had driven my first car (a used Jeep) for about 9 years, I figured getting a new car was the way to go since I didn’t anticipate buying another car for at least a decade.
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Ready to hear Jonathan’s debt free story? (He’s paid off a LOT of debt.) His hobbies are personal finance, blogging, computers, and traveling. He’s an advocate of financial responsibility and loves to teach people how to be successful with money.

Tell us a little bit about yourself.

I was born and raised outside of Dayton, Ohio. After high school, I joined the US Navy as and Electrician and have lived in Japan, Illinois, Virginia and now I call Dallas, TX my home. I spent almost 10 years in the Navy, 3 years as a computer business owner, 7 years as a police officer and now I have been an electrician on an oil rig off the coast of Saudi Arabia in the Persian Gulf. I am married and have a wonderful daughter who is almost 12 years old.

How much debt did you pay off and how long did it take?

I paid off over $122,000 and took me almost 4 years to do it.
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Let’s hear from Grayson, who is a personal finance writer and business owner, about how he fought back from over $50,000 in credit card debt.

Can you tell us a little bit about how you got into credit card debt?

Where should I start? My credit card debt was two-fold. I was young, carefree, and wanted to start a business. I was also in college. I signed up for my first card in order to score a free t-shirt. What college student doesn’t want a free t-shirt. I didn’t really care much for the card, but it did give me points to buy electronics from Sony. Since I loved electronics, I thought it would be OK to use the card.
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Meet Ashley of Domestic Imperfection! She’s a frugal DIYer and a mom of two who blogs about home decor, renovation, craftiness, and real life.

She’s also a DEBT FREE ROCKSTAR, because she and her husband paid off their house in 3.5 years. Here’s their story.
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