Reader Interactions


  1. Way to go! This is awesome advice to the readers. Getting out and staying out of debt is so important! Along with keeping on the budget you set.

    • Thanks Robin!

      • I agree with Robin! Deacon, I’m trying to follow your Debt Reduction Form. What is a Snowball Payment and how did you get it? Thank you for your great ideas. I just graduated from college last May, so I want to pay my student loans as soon as possible. Again, thank you!

        • Hi Lovette!

          The Snowball payment = Surplus + minimum payment of the debt that you are working on paying off.

          Ex.: If your smallest debt has a minimum payment of $20 and you have $150 of surplus then your Snowball payment would be $170. (Once you pay off that debt then you add the $170 to the next debt to get the snowball rolling.)

          I hope that helps. If you have any other questions, please don’t hesitate to send them my way.

    • This is what Dave Ramsey has been teaching for years – it’s just copied from him. It’s good advice anyway.

      • Hi, Christine! Thanks for stopping by. Dave does have some great advice. We actually tend to have very similar views on money.

      • I think its a good way to get the message out, Christine, no matter who teaches it. I like it. Congrats on getting rid of that debt.

  2. This is great advice Deacon. Using a budget is totally the best way to make your money work for you – and to track your spending. The only way to true wealth is to become debt free! Congrats!

    • Thanks Greg!

  3. I agree with all of these. It is really not an easy task to get out of debt. I think the idea of having a game plan would really help. You should also know how to prioritize things. Thanks for sharing these tips.

  4. The one thing that I noticed, reading this blog, was that the couple doesn’t have any children in the picture. So, it would be very simple to pay off the debt they had that fast. Wait till they have children and see how much harder it is to pay off debt like they did. I have 2 teenagers and can tell you that it isn’t that easy. With kids playing sports, school activities, clothing, car insurance for a teen driver, etc., it isn’t that easy if you have a family with kids. But try this: 52k in 18 months with children and see how far you could get.

    • Hi, Ken. It is true that having kids can make it more challenging to get out of debt because of the increased expenses of having kids. However, I personally know several families that have become debt-free (except their home) that had multiple kids. They just put together a game plan, cut their expenses, increased their income, and before they knew it, the debt was paid off.

  5. Thanks a lot for sharing these ideas. It is really a must to get out of debt fast. And the information you shared will help in getting out of debt.

  6. Thank you so much! I’ve been researching and putting a game plan into place and this form is just what I needed in order to get things going in the right direction. Let’s see how this goes! Wish me luck and I will keep you posted every so often.

    Once again, thanks! This is a great motivator to my debt free success!!!!

  7. This is fantastic. How can I share this on my Pinterest board?

  8. Don’t forget the grocery bill. Believe it or not, I find great prices on every day items like almond milk and meal staples when I shop at Target. Sometimes the prices are lower than the Dollar Tree, which leaves me with more money for fresh fruits and veggies! Also, it’s ok to buy consignment or upscale second hand clothes. Big name companies donate items as tax right offs.

  9. This is a great post! I liked how easy it was to understand the process. It makes it a lot simpler than people imagine it is!

    • I’m glad it helped!

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