Nine years ago, I was flipping through an issue of Kiplinger Personal Finance magazine (as any normal 26-year-old does), when I came across an article about a woman who paid off $70,000 in debt in 16 months.
Her name was Jaime. She lived in Maine, with her then-husband and their young son. Her husband was a professional juggler who earned $30,000 per year; she brought home 3x his income.
They bought the trappings of the American Dream: the suburban house with a white picket fence, a brand-new Honda Civic, a Jeep CJ7 with 36” tires, several kayaks, and a premium cable subscription.
The result? They found themselves in massive debt, with a combination of vehicle loans, student loans, and a home equity line of credit.
