Family Balance Sheet

MAY 21, 2021

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. This list became our personal Debt Freedom Plan. Paying off debt is not fun, in fact, it sucks!

Debt 130

Debt Goals Debt Free Pay Off Debt 130

Family Balance Sheet

FEBRUARY 23, 2016

We need to find/earn even more money each month to throw at the debt to make our goal by December 31, 2016. It’s a crazy goal, but I like a challenge and I’m looking forward to our reward when everything is paid off. So I concocted an idea to pay them off early and wrote our Debt Freedom Plan.

Debt 100

Debt Goals 2016 Calculators 100

Family Balance Sheet

JUNE 22, 2020

By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. Overwhelmed with everything, I wrote our first Debt Freedom Plan based on Dave Ramey’s 7 Baby Step strategy but tailored to our lifestyle. Read: How We Watch Great TV without Cable. How do you eat an elephant?

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

DECEMBER 10, 2014

Yep, we’re newlyweds and eloped together in December 2013. It was like 40 feet away from me and I watched the entire thing. I only pay for Netflix and Hulu Plus, which is around $18 a month — a far cry from my $90+ satellite TV bill. I could barely afford my $600 rent payment, which was in a horrible neighborhood.

Debt 227

Debt Debt Free Financial Goals Goals 227

Family Balance Sheet

FEBRUARY 2, 2017

It can be difficult to watch others succeed with their goals. Instead of writing, “I want to pay off debt” or “I don’t want to live paycheck to paycheck”, commit to “I want to pay off $X of credit card debt in 201X and I will stop using credit cards from this point forward.”

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Family Balance Sheet

AUGUST 4, 2014

After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us. We also were working on paying for Jon’s master’s degree and then my own masters degree, which I completed in December 2013. The first step in this diligence was paying off debt.

Debt Free 243

Debt Free Debt Goals Student 243