Real Stories: People Who Paid Off Their Debt

Happy Thanksgiving week! I am thankful for a lot of things. First, I am thankful for having an amazing family. Second, I am thankful for having wonderful and supportive friends through all these years. Without their support, I would probably be bummed out. It’s great to have friends who I can rely and lean to.

I believe that Thanksgiving should be everyday, but people are happier around this time of year for some reason. Maybe because we’re getting closer to Black Friday and people want to buy a 48-inch TV for a low price? haha…

I usually go home for Thanksgiving weekend and see my family and friends, and it’s always nice to visit. When it’s time to eat, I can’t most of the stuff they cook. I’m the only vegetarian in my family and I have to stick with rice, beans, salads, sweet potatoes, and desserts.

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For the vegetarians out there, this would be my menu:

  • Portobello Mushrooms Stuffed With Eggplant
  • Tofu Turkey
  • Homemade Garlic Rolls
  • Vegetable Stew
  • Vegetable Lasagna Casserole
  • Homemade Apple Pie

I know it doesn’t seem much to those who are big eaters, but I think that list would suffice for a good ol’ vegetarian thanksgiving meal. ūüėÄ

Real People Who Paid Off Their Debt

The other day I was dreaming about being debt-free. Actually, that’s everyday and I just can’t wait¬†until when I make my last payment. I would say that would be my greatest accomplishments besides earning my college degrees. It’s something that I dream about often. When I read about people getting out of debt in a record-setting pace, it inspires me because it’s possible to see the bright light at the end of tunnel.

Here are a few things that I would probably feel:

  • No more waking up in the morning and¬†having that financial burden on my shoulders
  • No more making excuses that I don’t have enough money to pay off my other bills
  • Being excited that I would be able to contribute more to my 401k and savings account
  • Being excited to have the¬†extra cash in my pocket at the end of the month

Wouldn’t you feel the same? Let me know how you would feel when that day comes. If you paid off one of your biggest debt, how did it feel for you?

Since I’ve published the top 53 most inspirational bloggers in the world this past week, I felt a little bad because there are so many good finance blogs out there. I didn’t want to discredit their hard work and dedication to beat debt.

These blogs listed below are people who crawled their way to financial freedom. Please help me maintain the the list because there are so many out there. You can comment below or contact me and I will add them to the list. ūüôā

Dream Beyond Debt – Amanda is a college professor who paid off $47,554 in 14 months.

Financial Panther – His story is amazing. He paid off $87,000 in students loans in 2.5 years.

Dear Debt РMelanie paid off a total of $81,000 in students loans within five years.

The Debt Myth – Jackie paid off approximately $147,106 in debt that included her mortgage. That’s the way to go, Jackie!

Making Sense of Cents РMichelle created a student loan payoff plan that lead to paying off $38,000 in student loans in seven months. That is amazing!

Debt RoundUp РGrayson found himself paying off $50,000 of credit card debt included $25,000 in consumer debt (Auto and JetSki loans) in nearly four years.

The Paleo Mama – Jackie paid off more than $27,000 of debt in 6 months. You can read all about it in her blog. Wow, the adversity that she went through to get that paid off.

Frugal Portland – Kathleen paid off $28,000 in credit cards, $10,000 in student loans, and $9,500 on a car loan in five years and that’s by working in her day job!

Cait Flanders (Formerly Blonde on a Budget) РCait paid off $30,000 of Debt in less than two years. She did it by using her own budget.

And Then We Saved – Anna managed to pay off $23,605.10 in only 15 months by making serious lifestyle changes.

Empowered Dollar РStephanie managed to pay off $24,579 in student loans in less than four years by earning money on the side, negotiating her job salary, and budgeting her finances.

Careful Cents – Carrie paid off over $14,000 of consumer debt and even saved enough to quit her full-time accounting job. This happened after getting divorced and it’s amazing how she flipped her life around.

Penny Pinchin’ Mom РTracie and her husband paid off $37,000 of debt in a little over two years while raising a family and using coupons to save money.

Thousandaire РAdam paid off $40,000 of debt ($25,000 in credit cards and $15,000 to his parents) on a salary of $35,000 per year.

Double Debt Single Woman – Denise is a 40 year old single woman who climbed her way out of a $142,000 debt ($112,000 in student loans and $30,000 in credit cards) after she lost her job in 2013.

L Bee and the Money Tree – Lauren paid off $8,000 in 90 days! That’s amazing considering that transformed herself from a shopaholic to a finance blogger and business owner. It’s very inspirational.

Frugal Rules – John never understood the importance of living within his means and¬†admits that he haven’t always made wise financial decisions. ¬†He paid off $25,000 in credit card debt after he graduated from college.

Growing Slower – Shannon¬†paid off $22,047.93 in nine months on a low income. That’s awesome that she was able to do! Congrats, Shannon!

Young Finances – Latisha paid off over $30,000 of consumer debt, invested for¬†retirement and started a profitable business. She’s a motivational speaker for millennials who are in financial trouble.

No More Harvard Debt – Joe was a Harvard student who vowed to pay his $90,000 of student debt in ten months. He did that and now living a debt-free life.

Money Under 30 – David found himself owing more than $80,000 in debt and he paid it off in three years. This is another amazing story for those who think it’s impossible to get yourself out of it.

Student Loan Hero РAndy was buried in debt that spread between 16 loans! He paid off $107,000 considering the quantity of loans that he had! Congrats Andy!

The Finance Girl – Natalie graduated with $206K in student loan debt and she managed to pay off $91,000. Follow her journey while she gets out of debt completely!

SquawkFox – Kerry paid off $17,000 of debt in six months by negotiating her first job offer and leveraging all available tax credits.

Whitney Hansen – Whitney was able to pay off $30,000 in 10 months after she graduated college on a salary of $25,000 per year. What an amazing defeat!

Personal Finance Utopia – JC overcame an foreclosure nightmare that lead to a $140,000 of debt. He paid it off within three years and now he is living debt-free. His story is inspirational because it resonates with people who lost their homes. Congrats JC!

If you have any debt advice, we would love to hear from you. Please follow me and my journey to be debt-free by subscribing to my newsletter or social media. 

Join the Financial Freedom Fighters Club!

P.S. I hate Spam, so I will never spam you.


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Charlie is the founder of Mr. Get Rich, a blog about personal finance and financial independence. He discusses how to pay off debt, be your own boss, build a better future. It starts with one goal and what you're going to do tomorrow. Click here to start your own blog today!

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