Many families today struggle with debt. College loans, car loans, credit cards, medical bills, mortgages, and other personal loans can easily add up to a lifestyle of struggle and stress.
Total household debt in America during the first quarter of 2018 was $13.21 trillionthe 15th consecutive quarter with an increaseaccording to the Federal Reserve Bank of New York.
Allison Baggerly, a teacher, blogger, and mom of two, decided in 2012, along with her husband, to show debt the door. They paid off $111,000 in just 4 and a half years on two teachers salaries. She is now inspiring her growing online community, Inspired Budget, to do the same.
I asked Baggerly about her journey to becoming debt-free.
The Epoch Times: When did you decid…