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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. We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Years ago, our cable bill doubled in price.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe. Budget items we are temporarily stopping for now: EVERYTHING ELSE! We’ll get through this crisis.

Budgeting 246
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A Goal Without a Plan is Just a Wish

Family Balance Sheet

When a building in our town went into foreclosure in 2012, we considered the opportunity to own. On top of our normal day to day expenses, the new property taxes were due, we had more ownership expenses than we realized, and we had a family to feed. Our business was doing well and it seemed like the right time for us to buy.

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