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2019 Debt Freedom Plan Update

Family Balance Sheet

Updates on our Debt Freedom Plan over the years: Our Original Debt Freedom Plan – written in March 2014. 2016 & 2017 Update. 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.

Debt 100
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Over 40 and Worried about Money? Start here!

Family Balance Sheet

We charted out our course of action to pay off debts and start saving for retirement. Our current priority is to pay off our last non-mortgage loan (our step 4). We have completely stopped any retirement contributions, so we can apply that money towards our debts (we had A LOT). Sources: * , **.