Today I’m sharing an inspiring debt payoff story from reader Samantha Brandon. This is how her family eliminated $70,000 in debt in seven months.
Like many, the pandemic forced us to pause and reassess our lives.
We were fortunate to have stable, well-paying jobs (I’m a pharmacist and my husband is a maintenance manager). We also bought a home at the end of 2019—just before the market jumped.
And yet, we were living paycheck to paycheck.
You might be wondering: how can people with six-figure combined incomes struggle this way?
The answer: daycare for two children, student loans, and miscellaneous debt while living in a sunbelt city where costs spiked.
No, we weren’t willing to uproot our lives and move to a cheaper city away from family and friends.
So there we were: good incomes, modest cars (a 15-year-old truck and a 7-year-old Nissan Murano), and a home well within our means—but still broke.
I believe in taking control of your future, so we made some bold decisions and got to work.