article thumbnail

5 Steps to Crush Debt in 2016 + FREE Debt Payoff Goal Tracker

Family Balance Sheet

It will be quite a feat because by my calculations we’ll be short each month if we just apply our debt snowball payment. We need to find/earn even more money each month to throw at the debt to make our goal by December 31, 2016. 5 Steps to Crush Debt in 2016. 1 – Calculate your debt.

Debt 100
article thumbnail

How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Wonder what sets you apart from the people that seem to crush their financial goals? They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. with their goals. Getting Started.

Insiders

Sign Up for our Newsletter

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

article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

A lot of life happened over 7 years and our plan changed slightly, but our goal remains to achieve complete freedom from debt. Updates on our Debt Freedom Plan over the years: Our Original Debt Freedom Plan – written in March 2014. 2016 & 2017 Update. Our 2019 Financial Goal. 2018 Update.

Debt 100
article thumbnail

Create your debt freedom plan

Family Balance Sheet

Something happens mentally when you WRITE down your goals and plans for execution. Our non-mortgage debt was in the six figures and included a student loan and business loans. We used Dave Ramsey’s debt snowball method. | Once Non-Mortgage Debts are paid, cash flow a FAMILY TRIP TO DISNEY. Paying off debt is not fun.

Debt 130
article thumbnail

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. We still refer to it often to remind ourselves of our goals and objectives. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away.

article thumbnail

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. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. We’re no spring chickens, so in November 2016, we started contributing again to our retirement.

Debt 130