Remove 2012 Remove Debt Remove January Remove Money
article thumbnail

Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. Found Money in January: $1681. Found money can be found from various sources, such as rebates, refunds, online sales, or even the ground. I started donating plasma in January!!! A friend referred me and by the end of January, I made $591.

Finance 130
article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan has been a long winding road. 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. From what we learned in the course, we wrote our Debt Freedom Plan. We were trying to be responsible. 2018 Update.

Debt 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

We’ve had several instances over the years that have shaped how we viewed and managed our money. How Our Debt Freedom Plan Prepared Us for the Pandemic. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. Yep, life was good.

Debt 130
article thumbnail

Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us. What inspired you to get debt free? They blog at 2 Copper Coins.

Debt Free 243
article thumbnail

How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

However, reality set in on April 1st and I’m now second-guessing that we have enough money set aside, so I have set into motion some strategies to prepare for the unstable economy and any lost income ahead. This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation.

Budgeting 246
article thumbnail

Resolve to Regularly Discuss Your Finances with Your Spouse

Family Balance Sheet

A sunny day in the middle of January called us outdoors. It was a great weekend, except for one thing: my husband and I didn't have a much needed money talk. But for the two of us to achieve our financial goals, we need to have money conversations and they need to be done regularly. Column E = Monthly debt payment.

Finance 138
article thumbnail

What are YOUR Financial Goals? | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Earlier this year, my husband and I wrote a specific list of financial goals and named it Our Debt Freedom Plan. Welcome to 31 Days to Organize Your Finances. And you know what?