JEN and Travis Smith decided to get out of the red as they got engaged – and they now live debt-free thanks to no-spend challenges.
The married duo, aged 32 and 34, had a combined $78,000 in debt in 2015, which included $74,000 worth of student loans and $4,000 in a car loan.
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Of this, Jens debt amounted to $50,000 in student loans and the $4,000 car loan debt.
But as they planned to tie the knot, Travis was keen to get rid of it and he convinced Jen too.
Jen, who runs the weekly Frugal Friends podcast with her friend Jill, told The Sun: I was too scared to start to pay off the debt.
“It was a huge number and more than I made i…
Read the full article at: https://www.the-sun.com/money/3552823/paid-off-debt-two-years-no-spend-challenge/
