2012 Emergency Fund Motivation October 
Family Balance Sheet
OCTOBER 18, 2019
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. We still have a mortgage, so we’re technically not DEBT-FREE, but we paid off over 6 figures of business debts and student loans since 2012 and have wiped out our NON-mortgage debt.
Family Balance Sheet
FEBRUARY 10, 2017
Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband. We used quite a bit of our home’s equity in 2012 to put towards the down payment on the commercial property and this added to our debt load. Pay off our home equity loan, using the snowball method by October 2017.
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