11 Debt Free Living Blogs to Follow this Year - Everyday Thrifty (2024)

This week we want to highlight a few of our favorite debt free living blogs!

Eight years ago, our family got tired of being in debt. So we decided to do something about it. We became debt free by paying off $67,630 in just 16 months. You can read more about our debt free story HERE!

Needless to say, it was a life changing experience. We were so passionate about living debt free so we decided to launch our site, Everyday Thrifty, in 2019 to share money saving tricks and tips to help others gain financial freedom.

There are, of course, many families who have had a similar experience. The personal finance blogosphere is full of people just like us who love saving money, living frugally, and staying out of debt. So we want to make sure that you find out about other beneficial debt free living blogs out there today.

Each of these blogs will inspire you to be intentional with your money. Whether you’re looking for cheap recipe ideas or easy-to-use budget sheets, there’s something for everyone.

Intentional Saver

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Steph at Intentional Saver is passionate about educating her followers to be intentional with their finances. She provides actionable tips to help people save money to meet their financial goals. And I love her practical advice on how to reduce costs on every day things and tricks to earn more money on the side.

Thrifty Frugal Mom

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Thrifty Frugal Mom is all about how to live well on a budget. Site owner, Lydia, provides her readers with a wide array of resources to live a full life without the feeling of being “without.” You’ll find articles on everything from easy frugal recipes to money saving ideas to thrifty homemaking inspiration.

Sweet Frugal Life

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If you’re looking for easy-to-follow tips on living a frugal life, don’t miss this site! Melanie has excellent resources to help others save money and live below their means through her own personal experience. I love her recipes and be sure to check out her budget cheatsheets!

Saving Talents

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Saving Talents looks at life from a faith-based perspective by educating you to be a wise steward of your money. This jam-packed site is filled with everything for today’s families including educational resources for kids, family-friendly recipes, faith-based resources, free printables, and so much more!

Rachel Teodoro

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Rachel Teodoro’s blog focuses on being real about everyday life. She is another lover of all things thrifty and her knack for saving money will help others on their debt free journey. And don’t miss her awesome monthly money-saving challenges to keep you accountable with your finances and also her creative ideas to earn cash on the side.

I Heart Frugal

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Sarah from I Heart Frugal blogs about just about everything frugal. She has the wisdom and expertise to encourage you along your debt free journey because she’s been there! On her blog, you’ll find solid advice about saving money, budgeting, and all things frugal so you can pay down debt, invest, and build your financial future.

The Budget Mom

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The Budget Mom has become an absolute powerhouse name in the debt free community. She makes living a budget life so incredibly simple and motivating. In addition to tons of free resources, she also offers a few amazing paid courses on budgeting and saving money at a very reasonable price.

Lauren Greutman

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Lauren Greutman is a personal finance guru that has been featured on Good Morning America, Fox & Friends, and more! Her site is chocked full of simple, actionable tips for debt-free living. She also has helpful content on side hustles and meal prep ideas. And you’ll definitely want to sign-up for her Free Guide to Stop Money Stress!

Fun Cheap or Free

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Fun Cheap or Free is the site of Jordan Page which has been featured on several major media outlets! Jordan has a candid and quirky take on personal finance and productivity that you can’t help but find engaging and educational. She makes finances actually FUN and incredibly relatable by sharing her own tips, tricks, and daily life experiences.

Smart Money Mamas

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Smart Money Mamas is really a one-stop-shop to help you build a positive and confident outlook on your finances. Site owner, Chelsea, has a massive collection of free resources like articles, videos, and even a podcast! Her mission to help you develop a healthy relationship with your money that you can’t miss!

Inspired Budget

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Inspired Budget focuses on the foundations of personal finances like budgeting, getting out of debt, and saving money to help you take control of your finances. Allison’s approach is to help people who feel stuck with their money attain financial freedom. She has a plethora of free resources that are perfect for anyone wanting to get a handle on their spending and develop a solid financial plan to get out of debt and stay out of debt!

We’re all at different places in life! But no matter where you are – single, newly married, or putting kids through college – living debt free can be an attainable goal.

We hope you find our frugal family living content helpful here at Everyday Thrifty and that you’re ready to check out these other inspirational financial bloggers!

Do you have any personal success stories from following the advice of any of these bloggers? If so, let us know. We’d love to hear about it!

Before you go, we’d love for you to check out our FREE 5-Day Money Bootcamp designed to get your finances in order quickly.

11 Debt Free Living Blogs to Follow this Year - Everyday Thrifty (2024)

FAQs

How to live debt-free on one income? ›

7 strategies for living on a single income
  1. Have an emergency fund. Having a healthy emergency fund can help reduce anxiety about living on one income. ...
  2. Set a new budget. ...
  3. Start cutting costs early. ...
  4. Pay down debt. ...
  5. Consider tax withholding. ...
  6. Spend time, not money. ...
  7. Determine how you're going to manage finances.

How to start living debt-free? ›

Here are six ways to completely avoid incurring debt.
  1. Build a large savings. Working toward a sizable savings account is difficult, but it's also the most important way to stay out of debt. ...
  2. Pay off credit card transactions immediately. ...
  3. Buy a cheap used car. ...
  4. Go to community college. ...
  5. Rent. ...
  6. Buy only what you need.

How to be debt-free in 5 years? ›

Become Debt-free by Altering Your Lifestyle
  1. Start Meal Prepping. ...
  2. Cut Unnecessary Expenses. ...
  3. Change Your Housing Situation. ...
  4. Get a Second Job. ...
  5. Ask For a Raise. ...
  6. Sell Your Personal Property. ...
  7. Use Extra Income on Your Debts. ...
  8. Consider Getting a Debt Consolidation Loan.
Apr 19, 2022

What is a debt-free life? ›

Living a debt-free life can mean different things to different people, but in the broadest sense, it means having no outstanding debts in your name. This means zero credit card debt, no car loans, and no mortgage. As a result, your income is entirely yours, unburdened by any obligations to lenders.

How to get rid of $30,000 credit card debt? ›

How to Get Rid of $30k in Credit Card Debt
  1. Make a list of all your credit card debts.
  2. Make a budget.
  3. Create a strategy to pay down debt.
  4. Pay more than your minimum payment whenever possible.
  5. Set goals and timeline for repayment.
  6. Consolidate your debt.
  7. Implement a debt management plan.
Aug 4, 2023

How to pay off $30,000 in debt in 2 years? ›

To pay off $30,000 in credit card debt within 36 months, you will need to pay $1,087 per month, assuming an APR of 18%. You would incur $9,116 in interest charges during that time, but you could avoid much of this extra cost and pay off your debt faster by using a 0% APR balance transfer credit card.

What is a good age to be debt free? ›

“Shark Tank” investor Kevin O'Leary has said the ideal age to be debt-free is 45, especially if you want to retire by age 60. Being debt-free — including paying off your mortgage — by your mid-40s puts you on the early path toward success, O'Leary argued.

What percentage of US citizens are debt free? ›

Around 23% of Americans are debt free, according to the most recent data available from the Federal Reserve. That figure factors in every type of debt, from credit card balances and student loans to mortgages, car loans and more.

How to pay off $20k in debt fast? ›

Use a debt consolidation loan

With a debt consolidation loan, you borrow money from a lender and roll all of those debts into one loan with a single interest rate. This allows you to make one monthly payment rather than paying multiple creditors.

Can I get a government loan to pay off debt? ›

While there are no government debt relief grants, there is free money to pay other bills, which should lead to paying off debt because it frees up funds. The biggest grant the government offers may be housing vouchers for those who qualify. The local housing authority pays the landlord directly.

What does the Bible say about debt? ›

Matthew 18:27, 30, 32, 34 - Forgive because your debts have been forgiven. Luke 7:42-43 - He who is forgiven much (debt) loves much; he who is forgiven little (debt) loves little. Romans 4:4 - Wages, like a debt owed, must be paid. Colossians 2:14 Jesus canceled the record of debt we owed by nailing it to the cross.

What is the debt avalanche method? ›

The debt avalanche is a systematic way of paying down debt to save money on interest. Individuals who use the debt avalanche strategy make the minimum payment on each debt, then use any remaining available funds to pay the debt with the highest interest rates.

Are debt free people happier? ›

Analysis shows that people with debt are 4.2 times more likely to face depression than people without debt, and 97% of people with debt believe they'd be happier without it.

Is living debt free worth it? ›

More financial security: Monthly debt payments can limit your available cash to save for an emergency fund, invest or even start a business. By freeing up cash in your monthly budget, you'll have more freedom to fortify your financial health and take advantage of new opportunities.

Can you really live debt free? ›

So, when you hear about people who have absolutely no debt, live on less than they make, and have a stash of cash for emergencies, you might think they're . . . weird. But living a debt-free life isn't only for a special group of people. It's something anyone can do with hard work and some special characteristics.

Is it possible to live off one income? ›

While today, dual-income households hold a slight majority, single-paycheck households can sail smoothly. Think of how many of our ancestors navigated life with one breadwinner per family. It is indeed possible to survive on one income and even thrive.

Is it possible to live completely debt-free? ›

Becoming debt-free doesn't happen overnight. A plan is typically required to pay down existing debt, a broad plan that should entail tracking expenses, creating a budget, reducing expenses where possible, giving your income a boost, monitoring your credit score, and building an emergency fund.

How to pay $30,000 debt in one year? ›

The 6-step method that helped this 34-year-old pay off $30,000 of credit card debt in 1 year
  1. Step 1: Survey the land. ...
  2. Step 2: Limit and leverage. ...
  3. Step 3: Automate your minimum payments. ...
  4. Step 4: Yes, you must pay extra and often. ...
  5. Step 5: Evaluate the plan often. ...
  6. Step 6: Ramp-up when you 're ready.

How to pay off $40,000 in debt? ›

To pay off $40,000 in credit card debt within 36 months, you will need to pay $1,449 per month, assuming an APR of 18%. You would incur $12,154 in interest charges during that time, but you could avoid much of this extra cost and pay off your debt faster by using a 0% APR balance transfer credit card.

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