$373,000 of debt paid off: Inspiration

Yahoo News (from the Motley Fool) has a great article on how three families paid down a combined $373,000.00 in debt. Was it easy? No. Was it fun? No.

But it shows you how, when you set goals, your financial blue-print for your family can dramatically change for the better.

From the article:

“Jay Allen reinforced the importance of focus: “It took us a loooong time to pay down the debt and I sometimes found that discouraging, but we never gave up. There were a number of times that we had to revise our goals for slower debt paydown and there were numerous times that we slid backwards, but we continued to keep our ultimate goal in mind and to work toward it.”

The one searing point that hit me between the eyes:  Don’t add to your existing debt.