Paying off debt

6 Ways to Spend a Tax Refund that You Will Thank Yourself for Later

by Julie March 31, 2015
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“Do something today that your future self will thank you for.” Are you getting a tax refund this year? It’s very unusual for us to get one because we’re self-employed; any refunds get applied to next year’s taxes. But this year, through a very specific set of events, we got a $2000 refund from the state. We […]

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The One Simple Way We Overhauled Our Finances

by Julie March 9, 2015
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Nine years ago this month I hired myself to make the most of our family’s finances. What does that mean, exactly? Although I couldn’t have articulated it this way at the time, I had hired myself to stop using our income to qualify for payments, and start using it to build wealth for our future. We’ve had a […]

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Which is the Best Order to Pay Off Debts: By Interest Rates or Balance Amounts?

by Julie July 23, 2014
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There’s a debate that persists in the personal finance world about the right order in which to pay off debts. Generally speaking, there are two main schools of thought: Pay off debts off in the order of interest rate (highest to lowest) because it makes the most mathematical sense; you’ll pay the least amount of interest […]

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Get Out of Debt Like the Debt Heroes

by Julie March 25, 2013

Every day people find The Family CEO through search terms like these: How I got out of debt (199 searches so far this year) Get out of debt stories (135 searches) Getting out of debt success stories (82 searches) Debt success stories (77 searches) How I got out of debt blog (74 searches) Debt payoff success […]

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Reader Question: Pay Off Debt or Pay Cash for Home Improvements?

by Julie January 14, 2013
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I recently got a question from a reader named Jennifer. Here’s what she wrote: We have a lump sum of money that we are trying to decide what to do with. We have credit card debt and also some home improvements and repairs that we want to do. Is it better to pay pay cash […]

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Ouch

by Julie May 14, 2012

It’s amazing how a routine Tuesday night can suddenly and dramatically become unroutine. Fortunately, no one was seriously injured. The accident happened about a mile from my house, as I was coming home from a meeting. Both the other driver and I thought we had green lights. Since the police couldn’t locate any witnesses (kind of […]

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Our Debt Story: An Update

by Julie March 27, 2012

Last year I wrote about our debt story. In the first installment I wrote about where our debt came from. In the second, I explained where we were and what our plan was. At that time, we had two non-mortgage debts left: a business credit card balance and a home equity loan. As of this […]

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Debt Payoff Success Story: Anna Newell Jones

by Julie February 29, 2012

When it comes to inspiration for getting out of debt, you’d be hard pressed to find anyone more inspiring than Anna Newell Jones. In January of 2010 she set out to pay off the most troubling of her debts, $6,000 of credit card debt. She went far beyond that and ended up paying off $17,911 […]

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Cash Back Rebates as Debt Snowflakes

by Julie February 21, 2012

In the last couple of weeks, I’ve had some debt snowflakes land in my inbox in the form of cash back rebates from my Christmas Shopping. Specifically, I made gift purchases at Fossil and Shutterfly and both offered cash back. (Note: Mr. Rebates (referral link) is my all-time favorite cash back site. I’ve been using […]

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How to Turn Rebate Cards into Extra Debt Payments

by Julie January 24, 2012

The holidays are over and we’re making a final push to get all of our non-mortgage debt paid off in 2012. Enter the return of found money. Since the first of the year, we’ve received two rebates totaling $140: A $40 tire rebate for a new set of tires we put on my van last […]

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