Remove 2001 Remove 2012 Remove Emergency Fund Remove Saving
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2019 Debt Freedom Plan Update

Family Balance Sheet

The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. After years of scrimping and saving and not spending extra money on things, we have achieved the biggest financial goal we have ever set for ourselves in our 19 years of marriage.

Debt 100
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How We Paid off Six Figures of Debt

Family Balance Sheet

How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund.

Debt 130
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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband. At that time, I couldn’t cash flow the office budget, home budget, our loans, and retirement savings. Where our mortgage enters the equation: We bought our modest home in September 2001, before home prices soared and inevitably, tanked.

Debt 100