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My Plan to Pay off $72,900 worth of Debt by April 2009

I am sick of being in debt up to my eyeballs and want to achieve control over my finances. This is why I have set a goal to be debt free by April 2009.

Getting rid of $72,900 worth of debt is not going to be a simple undertaking, my husband

makes a very low income already and I am a stay-at home mom of three kids.

Even more, my husband is being laid off from work in July 2007 after being diagnosed with severe epilepsy, which cannot be stopped with medication.

We also have our fourth baby due to be born that same month. In spite of how hard it will be, we are resolved and inspired to make our debt free goal happen.

My debt pay off plan is to earn an income online through legitimate work at home programs. I have been able to find a few great ones so far and have been able to start a modest income, which my plan is to grow over the next several years.

It does take much work to be successful at making money online, I am devoting many hours because we are in a sink or swim position in our lives right now.

When my husband loses his job in July 2007, we are moving in with his parents while we pay our debts off and save some money for a place of our own. My husband has decided he i

s going to do as many side jobs as possible to supplement our income and clean up our debt mess.

Our motivation to be debt free is very powerful, even to the point that we are gladly willing to work constantly and give up all the luxuries of day to day that a lot of people choose to enjoy.

We do not buy cable television, we never go out to eat, we only buy clothes for the kids when they absolutely need them and we never buy clothes for ourselves.

We do not to go out to the movies, order pizza or do anything that costs money. Our children do not get any new toys or games. Unless those that come as gifts from grandparents.

I do not want to give the impression that we deprive our kids. We do free activities with them so they have some entertainment, we like to go for walks and play at the park.

We do not make any fancy meals. The staple of our diet consists of beans & rice and other cheap meals such as pastas, baked potatoes, and vegetable stir-fry.

We spent ourselves into debt, so it is our responsibility to dig ourselves out of it. We have to sacrifice in order to meet our debt free goal.

I welcome you to watch our progress as we work ourselves out of debt and towards financial independence. Any advice or inspiration you can give will be incredibly helpful to our plan.

I have set up a blog to track our progress towards our goal, which you can visit here-Working for Financial Independence.

vegangoddess22@gmail.com
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Amy Bass is a stay at home mother of 4 children. She is working hard to make an income online in order to pay off a massive amount of debt. She has a goal to pay off $72,900 work of debt by April 2009. You can view her progress on her blog- http://achieve-financial-independence.blogspot.com/




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