Remove 2012 Remove Goals Remove Renovation Remove Saving
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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. The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. We paid off our first renovation loan in December 2014 and the next loan should be paid off by the end of this summer.

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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. A lot of life happened over 7 years and our plan changed slightly, but our goal remains to achieve complete freedom from debt. Our 2019 Financial Goal. 1st Update in June 2014.

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Update #1: Our Debt Freedom Plan

Family Balance Sheet

Today I am proud to say that we have completed our second step : Increase business emergency savings to a specific number. Over our 14 years in business, we have had to rely on our savings a few times to help cover expenses during tough months. It happened in 2006 and again in late 2012 to early 2013.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

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. We spent the next few years building our savings back up to the level we had prior to 2007. What got us through financially? Our emergency fund. Yep, life was good.

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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. 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. Also, the monthly mortgage payment was less than our rent payment.

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Disney College Program Bucket List!

Saving Everyday

To help, I decided to make a DCP Bucket List, listing all the activities and goals I want to accomplish while I am working in the world! So, here it is…My Fall 2012 DCP Bucket List, woohoo! =). Explore the expanded and renovated Fantasyland at Magic Kingdom, which has a tentative opening date of December 6.

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