When my family and I were still paying off all of our debt, one of the biggest motivations was reading success stories from other folks who have paid off a large amount of debt in a short period of time. If you enjoy reading debt free success stories from people, here’s a growing list of the best debt free success stories from personal finance blogs, news outlets and online magazines. If you would like to add your own debt free success story to this page please leave a comment and link in the bottom of this article and I’ll get back to you.
Family Pays Off $92,000 in Two Years: Read about how this family paid off over $92,000 of non-mortgage consumer debt in just over two years.
Man Pays Off $12,000 of Debt in 11 Months: If you don’t think you make enough money to pay off your debts, take a look at how Jay was able to pay down his debt earning only $2,000 a month.
Couple Pays Off Hundreds of Thousands and Lives Debt Free: Learn how this couple paid off their mortgage and have lived a debt free lifestyle over the last 10 years.
Another Great Debt Fee Success Story: Couple commits to paying off their debt vows to never borrowing money again.
Family Pays off $90,000 of Debt: Another success story from a family that has paid off over $90,000 of debt.
Couple Pays Off Over $63,500 in 11 Months: Here’s another example of a family making sacrifices and paying off a tremendous amount of debt in a short period of time.
Couple Pays Off Over $60,000 of Debt: After fooling themselves for years, one couple finally pulls their credit report and takes stock of how much money they really owe including student loans, credit cards, car loans, etc. They are shocked when they find out that they owe more than $61,000. Learn how they came up with a plan and successfully paid off all of their debt.
Couple Pays Off Mortgage on a Beautiful House in 5 Years: This is a great story of how one couple paid off a large mortgage by living on one salary and using the other’s salary to pay down the mortgage. Their website is also very well designed and entertaining.
Couple Pays Off $20,000 in Debt in Two Years: This is a great forum post by a couple who realized they needed to change their spending habits and take charge of their debt. Even with a few setbacks along the way they were able to pay down their debt in only two years.
How One Couple Paid Off $29,000 of debt on an income of $29,000 a Year: This is a great story about how another family over came job loss, a medical emergency, and a move to a new city while still managing to pay off over $29,000 of debt on a very modest income.
Thrifty Saver Pays Off $100,000 of Debt in 4 Years: See how this family of 4 paid off over $116,000 of student loan debt in 4 years.
Family Pays Off $110,000 of Debt in 32 Months: Learn about this young couple who bit the bullet and paid off over $110,000 of debt in 32 months and even went on the Dave Ramsey show to talk about it and scream that they were debt free.
Young Couple Pays Off $70,000 of Debt in 4 Years: Learn how this young family fought through “blood, sweat, and tears” in their eventual success of paying off over $70,000 of debt in 4 years.
Couple Pays Off Nearly $70,000 of Debt: Another great real life story of how a young couple was able to pay off over $70,000 of debt and eventually quite one of their jobs so they could start doing what they loved!
Couple Pays Off $75,000 of Debt in 31 Months: Rhett Smith is a licensed marriage and family therapist and not having to worry about debt takes a tremendous amount of stress out of a family’s life. That is exactly what Rhett, his wife Heather and their young family was able to accomplish when they paid off $75,000 of debt in 31 months.
Young Couple Pays Off $54,000 of Debt in 3 1/2 Years: This young couple seems like a lot of fun! Check out how they buckled down, developed a budget, and paid off over $54,000 of debt in just over 3 years.
Couple Pays Off $237,000 in 5 Years: Read about how this couple set a goal, developed a financial plan and was able to pay off their debt in half the time they originally thought.
Family Pays Back Over $106,000 in Debt: Read how this family paid back over $106,000 in debt (including $17,000 to a family member).
Woman Pays Off $46,000 of Debt: Learn how this lady fought back from a divorce and excessive spending to lead a life of financial freedom from debt.
Family Pays Off $118,000 of Debt: Here’s another great article on a young family that managed to pay off a large amount of debt.
Man Pays Off Over $100,000 in 17 Months: Read how this guy reduced his spending and focused all his extra income on paying down his debt using the debt snowball method.
Young College Graduate Pays Off $2500 in Credit Card Bills: Fortunatly for this young lady, she recognized that her spending was starting to catch up to here before it got too far out of control. Learn how she utilized the “envelope system” to curb her overspending and pay down her debt on a modest salary.
Dude Pays Off $26,500 in Two Years: Learn how this young gentleman was able to pay off $26,500 in two years aggressive saving techniques and some questionable food choices (eating expired meat???).
Couple Pays Off $52,000 in 18 Months: After returning from their honeymoon and assessing their finances, this couple faced the reality of owing more than $52,0000. Read about how they paid it off in this interview transcript.
Family Fights Through $100,000 of Debt in 4 Years: Here’s another great story on how a family racked up and…eventually…paid off over $100,000 of credit card debt in a short period of time.
Woman Pays off $35,000 of Debt in Less than 4 Years: This great story details Stephanie’s success in paying off over $35,000 of debt (mostly student loans) in under 4 years.
Woman Pays off $38,000 of Debt in 2 Years: Read about Jordann’s successful campaign in paying off over $38,000 worth of debt.
College Professor Pays off over $150,000 of Debt: Yes, even business school professors can fall trap the predatory lending practices of credit card companies. Learn how one such professor was able to fight through a heap of credit card debt with success.
How One Man Struggled and Finally Beat $70,000 of Debt: Read about this fella’s 10 year struggle with debt and how he and his girlfriend eventually found success!
Tips From Another Debt Free Success Story: Learn how one man overcame a divorce and financial irresponsibility to eventually become debt free.
Man Pays Off $35,000 of Debt: Perhaps one of the original and most popular debt free bloggers is JD Roth from the blog Get Rich Slowly. You can read his debt free success story here.
Savvy Lady Pays Off over $24,000 of Debt: One savvy lady was able to pay off over $24,000 of debt in 15 months while still allowing herself a little fun money in her “spending diet”.
Man Pays Off $80,000 of Student Loans and Credit Card Debt in 4 Years: David accumulated debt much like my wife and I did. A few student loans here, some credit card debt there and before we knew it, we owed a tremendous amount of money. Read David’s story here and check out his own blog at Money Under 30.
Family Pays Off $26,000 of Debt in 18 Months: Read how this family committed to paying off all of their debt and how they were able to do it quicker than they ever imagined.
Couple Combines Finances and Pays Off $51,000 in 4 Years: Read how a single lady was able to fight through a mountain of debt and work with her fiance to pay off his outstanding debt too.
Couple Pays Off Over $109,000 of Credit Card Debt: Read how this couple struggled for 10 years and accumulated over $100,000 of credit card. This is also one of the first times that I have heard of someone having success using a debt consolidation company.
Man Pays Off Over $20,000 of Debt: This is an interesting story of how one man paid off his debt by delivering pizzas. Jeff also maintains detailed accounts of his pizza delivery adventures which are very interesting to read. Especially if you want to know exactly how much money you can make delivering pizza!
Young Family Pays off $72,000 of Debt: Read the truly remarkable story of how one couple fought through credit card debt and 2 car loans to pay off over $72,000 in debt.
Young Couple Pays Off $70,000 of Debt in 18 Months: This is a great story about what grit and determination will achieve if you’re really focused on paying off your debt. In this case, Jamie and her husband even sold a brand new car they had just purchased to achieve their debt free dreams.
Couple Pays Off $20,000 of debt in Two Short Years: Learn how this couple managed to focus on their finances to pay off over $20,000 in a short amount of time.
Woman Gets Rid of $571,000 of Debt: This story was hard to believe at first and it truly is amazing at what you can accomplish if you put your mind to it. This dramatic debt repayment success story involved selling a house and a rental property at a loss!
College Graduate Pays Off $20,000 in a 16 Months: Learn how this recent college graduate was able to pay off over $20,000 of debt in a few short months. Her success is attributed to the fact that she didn’t increase her spending when she got a higher paying job.
Woman Pays Off $80,000 of Debt: After being dissapointed with the information available on the internet and in books, JoAnneh created her own unique debt reduction plan which aided in her eventual success in paying off over $80,000 of debt in a few short years.
Harvard Business School Graduate Pays Off $90,000 of Debt in 7 Months: I thought this debt free success story was good, but when I read about Joe’s determination to eliminate over $90,000 of debt after graduating with an MBA from Harvard Business School, I was really impressed.
Couple Works Hard to Eliminate $90,000 of Debt before Marriage: Learn how this couple was able to reduce spending and take on odd jobs to make sure their financial houses were in order prior to tying the know.
Couple Pays Off $125,000: Learn how this couple used the Dave Ramsey Plan to pay off over $125,000 of debt in a short amount of time.
Man Pays Off $40,000 of Debt: Learn how one man paid off over $40,000 of debt while having a very small income.