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What are YOUR Financial Goals? | 31 Days to Organize Your Finances

Family Balance Sheet

Is it to pay off your house? Pay cash for a trip to Hawaii or your kids’ education. Or maybe you want to pay off (and cut up) your credit cards. Disclosure: I am an Amazon Associate, and if you make a purchase through my link, I earn a small percentage–at no cost to you!

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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. If not for that fund, we would most likely have used credit cards to survive. We reduced our spending where we could that year, but the money to pay any shortfall each month came from our emergency fund. Sources: * , **.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

How much debt did you pay off? What kind of debt was it? I had $56,000 of debt when I decided to become debt free. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. I had planned to pay it all off in 2.5 Not using debt helps create the connection.