I started No Credit Needed as a place to track our progress while getting out of debt. Here’s what we did to pay off our credit card debt, step-by-step: We created a zero-based budget. We established a savings account for our $1000 emergency fund. While getting out of debt, we had two mini-emergencies and were very thankful for our emergency…
My wife and I are working to pay off our fixed-rate, conventional, fifteen-year mortgage. Our goal is to eliminate our mortgage debt in less than 10 years. We have been paying off our mortgage for 7 years now – and it’s cool to see more and more of our monthly payment go towards our principal.  I use a simple pie-chart…
I love hearing stories about how folks are getting out of debt – and living debt free! Several years ago, my wife and I paid off all of our consumer debt – and we are now in the process of paying off our mortgage. I created an illustrated guide for debt reduction – t0 show the process that we used…