article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

Our 2019 Financial Goal. Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. We can now move on to other financial goals. 1st Update in June 2014. 2018 Update.

Debt 100
article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. 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. Small home = Low Expenses.

Debt 130
article thumbnail

Our 2017 Debt Freedom Plan Update

Family Balance Sheet

Where our mortgage enters the equation: We bought our modest home in September 2001, before home prices soared and inevitably, tanked. We bought our home in 2001. Build up our Emergency Funds to 3-6 months of expenses. What are your financial goals for 2017 and beyond? At the time, we thought this 1800 sq.

Debt 100