She was always the thrifty in the relationship, he was wasteful. Together, this resulted in more than 100,000 euros of debt (so who has probably enforced there?) And plenty of potential for conflict, as you can imagine. But the Americans Chris and Morgan Espinosa had no desire to stagger their lives only rates and pay interest? and to get into the money for money.

Chris and Morgan Espinosa pictures, reveal how they cleared their $ 123,000 debt //t.co/s8Ig2FQAdD pic.twitter.com/kuq6iXaKU0

? infowe (@infowe) July 30, 2018

"We were arguing about financial things like dogs and cats, but especially for my wife, it was important that we start our married life without being guilty of anything," Chris Espinosa told Dailymail.

The golden rule of Morgan and Chris Espinosa: Waiver

So the two ripped the rudder in mid-2015. Now the 28-year-old and her 29-year-old husband have paid off their student loans, balanced credit card balance and their wedding rings are no longer the bank. How did you do that? Very easily: You have renounced! 

"When friends asked us if we wanted to go out, we simply said 'no' and invited them to a taco evening at our home instead," Morgan Espinosa says. But of course they have not saved 100,000 euros with taco evenings alone. The Espinosas, together a gross annual income of around 78,000 euros, have that Principle Verzicht applied to all areas of life that were possible:

• residential: The couple moved to a smaller, cheaper apartment
• Possession: The Espinosas sold all the unnecessary furniture and swapped their expensive Toyota for a cheaper car
• Communication: They switched to slower Internet and cheaper mobile rates
• Insurance: The couple limited themselves to the most necessary insurance and chose the cheapest options
• TV: Chris and Morgan renounced cable television
• Shopping: Was deleted, if not absolutely necessary

In addition, Morgan also took a job as a domestic help next to her main job.

The biggest chunk first

While her her low Living costs now mostly with the salary of only one partner could cover, the two saved in this way every month between 1,800 and 3,000 euros and put this money directly into the repayment of their debts. They took the highest credit first in attack and worked in descending order to the smaller sums.

The Espinosas have now paid their last installment of their smallest loan, and after three years have finally taken the opportunity to spend a holiday in Cancun, cash and paid in advance. "We had such a great time, it was almost unreal to have the burden of debt off our shoulders," says Chris. "The last three years have really changed me and I will never buy a credit card again."

And what do you do now with the many money they have put into the repayment of their debts so far? They do not want to spoil it and raise their standard of living again blatantly, they also do not intend. Morgan: "I'll relax a little bit more on vacation, we're planning some long-distance travel, that'll be great." In any case, the Espinosas can safely enjoy 100% of their debts without 100,000 euros in their debts.

 

Videotipp: This woman is poor, but still constantly on luxury travel. That's her secret

   

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