Instead, they had $51,000 in credit card debt and a lease on a basement apartment in Denver, Colorado.
But one line item proved particularly shocking: interest charges from their credit card balance.
It took the Auten-Schneiders less than three years to pay down $51,000 in credit card debt.
Courtesy of Debt Free GuysThe couple used a 0% balance transfer to eliminate interest payments and stopped using credit altogether.
Nearly everything they saved, they funneled toward paying down their credit card debt.
Persons:
John Schneider, David Auten, they'd, Schneider, Auten, You'd
Locations:
Denver , Colorado, autopay