How This Couple Paid Off a $210,500 Debt in 5 Years

http://www.savvysugar.com/How-Pay-Off-Debt-Five-Years-29776211

Paying off all your debt is always impressive, especially when it runs up to six figures. Reddit user Biking posted about his and his wife's recent success of paying off $210,500 worth of debt, which includes their $127,500 home, $34,500 in car loans, and $48,500 in student loans. Further, they were also raising a kid, currently 3 years old, while trying to reach their goals. 

The couple had initially bought their home when they were 24 and had been working toward paying of all their debt for five years. Biking says their combined income when they began was $77,000 and their income now is $127,800. Here's how they did it:

• Doing research and finding what works. They both read The Total Money Makeover by debt guru Dave Ramsey and modified his plan to suit their situation.
• Sticking to a strategy. They decided to prioritize paying off debt instead of investing, although they were still contributing a good amount to their retirement accounts.
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