Single Mom Pays off $46,000 in Debt in Just over a Year

“The little bits, they end up being a lot.”

Written by Shannon Marie  |  on


Siobhan lives in Jacksonville, Florida, with her two kids, ages eight and 15. She came to YNAB looking for a solution to her debt—$60,000+ in student loans and $16,000+ in credit card debt. Flash forward, and she’s already crushed $46,000 of her debt, and she’s on track to pay the last $30,000 off by the end of 2019.

What a difference a couple of years can make! And, not just in regards to money …

Siobhan said, “I feel like it has actually made me a better parent because I’m not stressed out about finances … that level of stress just really puts a damper over everything, and it doesn’t really leave you. I definitely feel like I can be more present in the moment with my kids.

Find out how she’s beating her debt by tuning in to this episode of Debt Stories:

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Do You Have a Debt Story?

Wanna know what’s better than an amazing debt makeover story? Several debt makeover stories! If you’re a YNABer and you’d be willing to let Jesse interview you for a future episode, write to us at [email protected]. In your email, include a short paragraph or a few bullets about your financial hurdles and how you overcame them.


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Your Next Step

Budgeting is not restrictive. You won’t be spending less, you’ll be spending right. So what do you have to lose? Except all that debt and stress?