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Looking to become debt free soon? We have created many FREE debt free printables to help you reach your goals!
We know from experience that becoming debt free takes a lot of grit and hard work. You have to remind yourself of your goal each and every day! This is why we love visual trackers.
We created this debt free student loan tracker in THREE different graphics. Print one or all three depending on how many loans you have. Tape it up in your home or office so you can see your goal each and every day!
WHAT YOU WILL NEED TO PRINT
OUT OUR DEBT FREE TRACKERS
HOW TO USE A THIS TRACKER
TO PAY OFF YOUR DEBT
You can use our trackers many different ways. Be creative and do what works for you! The beauty of paying off your debt is that you can go about it a hundred different ways.
We recommend using one tracker per loan. If you have multiple student loans, we created THREE different printables. Use one printable for each student loan you have.
We are big fans of the baby steps and used this method to pay off all of our debt (including our home)! We recommend paying off your smallest loan first, working your way up to the biggest loan you have.
Don’t forget, we have debt trackers for cars, credit cards, and home here.
Write the amount of the total owed for ONE loan on the top of the page next to “GOAL". Decide when you want to have this particular debt paid. It’s tempting to skip this step but we encourage you to set a time limit.
What month and year will you be done paying down this debt?
Write it down.
You’ll notice our trackers have numerous different light grey hash marks down the right margin. The top line could be the total of one loan. For example, let’s say you owe $10,000 on one loan. You would write $10,000 on the top grey hash. Breakdown your loan into smaller increments and write those down on the grey hash marks.
As you make progress and pay down your debt, you will color in your chart from the bottom up. When you have completely paid all of your loan, the entire chart will be filled in!
OUR FAVORITE TIPS AND TRICKS FOR
PAYING OFF DEBT
We started using the baby steps in 2008. We paid off $18,000 in credit card debt and car loans in 18 months. A few years later we committed to pay off our mortgage. It took us about 6 years of intense focus to pay off our home.
We stayed focused by setting goals and assigning dates of when we would accomplish each goal. Of course, it didn’t always go according to plan, but we stuck with it. We encouraged each other when we got behind or things looked bleak. We stayed committed and eventually became debt free.
We are big believers in keeping your goals and dreams in the front of your mind and talking about them often. This is why we LOVE making trackers!
We recommend the baby steps for anyone looking to get control of there financial situation. We use our cash envelope wallet to stay on track. We shop at Aldi to keep our food budget under control. In fact, we have many Aldi resources here to help you!
More than anything, we encourage you to stay positive! You can do it!
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