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Inspiring debt-reduction stories of 2013: They did it - so can you

These stories of regular Canadians and their struggles to repay large amounts of debt were very popular with readers. Kudos to them. To share your debt-reduction journey with the Globe, click here.

Picture from blog of Cait Flanders, Blonde on a Budget.

This 27-year-old repaid $28,115 in debt - in under two years

“I thought it would feel anti-climactic but instead I can’t stop smiling. I used to lose sleep over how much debt I had… I don’t have to do that any more,” she said. Read the full story here.
Terry Cheater/Handout

Drinking, divorce put ex-banker $85,000 in debt. How did he get out?

“It was part of the bank culture at the time,” the Winnipeg man said. “I spent a lot of money on drinking, dining out, clothes and my life at home. I have no idea how much I spent but I gather it was substantial in relation to my income.” Read the full story here.

Louise Wallace handout

B.C. couple revamp lifestyle to start repaying $52,200 debt load

"All of a sudden, I had no wiggle room left. I realized this debt was like a runaway train. And I needed to push this train back into the station," she said. Read the full story here.
JOHN LEHMANN/The Globe & Mail

How did this woman repay $26,000 in student debt? She planted trees

“I did an arts degree, so there was no clear career path for me,” she said. “And I knew that moving forward, if I wanted to do something like go to grad school, it would be prohibitive. I had to get this debt under control.” Read the full story here.

Jordann Brown handout

How this 23-year-old grad tackled $53,349 in student and car loans

“I did all the normal student stuff: I went out, ate out, and yes, I borrowed to the max,” she said. “It never occurred to me to try to not borrow as much as I could, it never occurred to me not to spend it all. I thought that going into debt was normal, that this is what everyone did.” Read the full story here.

iStockphoto

Indebted Ottawa couple says "I do" to saving for their $25,000 wedding

“We want to get married and weren’t willing to sacrifice a wedding or wait – he is military so there is always a chance of a forced move or deployment – so we are trying to get married as cheaply as possible, without sacrificing the big things,” she said. Read the full story here.

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