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How Four Sisters Demolished $182K Combined Debt | Forbes

Photo Credit: https://www.flickr.com/photos/stevendepolo/5437288053

When four 20-something sisters in the small town of Plainview, Texas, realized they were all drowning in debt and scratching to get by, they decided to band together and tackle their problem as a family. “We had accumulated $182,000 in student loans, credit cards and car loans collectively,” said Rufina Barrientos, a clinical laboratory scientist, now 30. “Our yearly income came out to about $106,000, so it sounded plausible that we could effectively pay down our debt in three years. Being the youngest, I thought I was getting the best deal out of the arrangement. I was two years out of college, when most student loans take 10 or more years to pay off. Score!”

Click here to read the full story from Forbes about how these 4 sisters joined forces to demolish $182k of debt within two years. You may find some inspiration on how to tackle your own debt!

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