
A mum of six in the US has managed to erase $85,000 worth of debt in just six months.
In an extraordinary display of dedication and incredible penny-pinching, Angela Coffman of Kansas city got rid of the crippling debt in a record time.
Employing measures that some might call extreme when it comes to avoiding spending, Angela now makes leather shoes out of old skirts and reusable toilet paper out of old T-shirts.
Related: Top tips to escape a credit card debt
In an interview published on LearnVest, Angela says she got motivated seven years ago after listening to radio talk host Dave Ramsey offering a free Bahamas vacation to listeners who could slash the most debt.
She got her husband Darren in on her plan and together they embarked on the astonishing debt-killing journey.
"You had to be one of the top ten families in the nation who paid off the most debt or saved the most money in a six-month period. About that time Darren got a new job, and I figured, even if we lose the contest but we give it our all, we’ll end up winners. We won—and got to go on the trip," she tells LearnVest.
However, it was no mean feat.
Related: The biggest money mistakes you are making right now
The family resorted to extreme measures in order to curtail their collective spending. They slashed grocery bills by growing their own produce and eating food "picked from our yard".
They reduced their gas bill by turning off the heat and using their fireplace and Angela began recycling everything from diapers, cloth napkins and even toilet paper.
"We were using cloth diapers at the time, so we would just pour it all in the wash together. There were people who said, ‘Cloth toilet paper, that’s disgusting!’ I’ve seen disgusting, though, and this isn’t it," Angela says.
Check out more ridiculous tricks of world's biggest penny-pinchers in our gallery below
The family got rid of their mortgage when Darren’s work forced them to move out of town, enabling them to sell their house.
The tactics finally paid off when the family was able to get rid of debt in six months, winning the contest.
Photos: Lifetime costs of bad habits
Angela hasn’t given up her money-saving techniques. “We have six kids now—ages 12, 10, 8, 6, 4 and 10 months—so our monthly food budget for the eight of us is $400 total, $50 per person. We save $400 per month by shopping all at one time,” she says.
But the family does make it a point to indulge every once in a while.
Angela says the couple took their three older children on a cruise to Mexico, thanks to a deal that let them spend a week on a cruise ship, food and drinks included. And it cost them just $950.
Check out more ridiculous tricks of world's biggest penny-pinchers in our gallery below







































































21 Comments
Great something we comented on 10 days ago.Good one Yahoo / good one. Rudy
1 ReplyWhy is it that we forget the wisdom of our living Elders in favour of what the Companies tell us through their advertising ? I suggest it is a product of the ' dumbing down of society ' & also for the 'need' for consumerism in order to keep Consumerism & Democracy alive ! In 100 years from now will be known as the wastefull generation !!
3 Replies@MJMaine , in a time Long long ago , parents used cloth Diapers every day ( This was b4 the 'Disposable Society ' that you are so addicted too !! ) Hygene considerations back then were the same as now , however they did 'nappy washes ' back then , ask your grandmother how they pulled that Miricle Off !!! P.s . you do not need the Myriad of household chemicals that pollute our environment today , vinegar ,bleach , bicarb of soda & a few others do just as well ,ask your granny about that miricle too .....
7 RepliesToilet Paper - - Ew! This is one family that has a different view on hygiene...
2 Replies@ Rudolph - good theory. Problem is that so many, many, many times over the passed few years, 'areel', the non-existing, phantom, Lebanese muslim goat-herding camel shagger, has been proven to be none other than one of the many phoney I D's used by that queer little 'ju-LIAR 'GROSSEN BUTT' dullard lover, 'c j'., Along with -'red_herring' the commie scum-sucker and many others. WANKER BOY, 'c j', was formerly a part-time shelf stacker at Woolies (by his own admission) but was sacked. After that he was a table cleaner and floor moper at Maccas, (ask 'Kid slug') until they sacked him also. What else could you expect from a cowardly ,bludging, live-at-home-with-mummy-forever, thirty something year old LOSER ???
2 Replies