Family Balance Sheet

MAY 6, 2020

How Our Debt Freedom Plan Prepared Us for the Pandemic. We’d survived the dip in 2007, carried no credit card debt, and we were contributing to our retirement. This new business debt weighed on me. I decided to use Dave Ramsey’s 7 Baby Steps as a guide and I wrote our first Debt Freedom Plan. Storm #2: 2013.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

OCTOBER 15, 2021

Hello, 2020. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. In January of 2020, I was gung-ho about saving for college, however, I had no idea what was about to happen. As mentioned, Upromise is a shopping portal, similar to Rakuten.

College 130

College Used 2020 Saving 130

Family Balance Sheet

JANUARY 20, 2023

That was the year that we made the goal of paying off the last of our non-mortgage debts and we achieved it by September of that year. In 2020, our financial goals were to read, research, and understand both college and retirement planning. We used the snowball method to pay off our non-mortgage debts.

Financial Goals 130

Financial Goals Goals Debt College 130

Family Balance Sheet

JUNE 4, 2021

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. My beautiful petunias in 2020. I made quite a bit more from the 4th quarter of 2020 where I do most of my Christmas shopping. Over the years, I have found money through rebates, refunds, online sales, and even the ground.

Money 130

Money May Donation 2020 130

Savings Corner

DECEMBER 24, 2023

Debt reduction – How much do you need to pay down and how can you do it? Debt reduction If you’ve piled on too much debt, a financial plan can help you devise a way to get out from under it. Whichever way you go, this kind of plan helps you get out of the habits that are piling you under debt.

Goals 52

Goals Debt Taxes Insurance 52

Savings Corner

DECEMBER 25, 2023

Some platforms invest in equity (stock), while others invest in debt. Generally, stock offers high returns in exchange for more risk, while debt offers lower returns in exchange for less risk. In addition, real estate is typically funded with high levels of debt financing, making it more susceptible to any economic downturn.

Money 52

Money Making Real Estate Rent 52