Family Balance Sheet
OCTOBER 18, 2019
Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.
Family Balance Sheet
APRIL 11, 2020
Our business has definitely been affected with no end in sight. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We just finished paying off our non-mortgage debts and now we were considering taking out a car loan.
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Prairie Eco-Thrifter
FEBRUARY 18, 2011
We have more stable careers, we have no debt (other than our mortgage), and we own a home. Reducing Debt. Frugal Dad shares with us 10 Side Hustles that we can use to pay off our debt. Financial Highway tells us how he paid off $50,000 of credit card debt. I think I would have to agree, no debt is good debt.
Family Balance Sheet
APRIL 1, 2021
He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Personally, I think a starter fund should be $2000-$3000.
Prairie Eco-Thrifter
MARCH 10, 2011
Reducing Debt. Eventually you will have to pay off your debt and if you have let it get out of control, you are going to be in for a real surprise. I say, set your priorities and pick your purchases wisely and by doing so you can avoid debt for good. Barbara Friedberg Personal Finance - $25 Amazon Gift Card.
Prairie Eco-Thrifter
MAY 8, 2011
He definitely gives you something to think about. They are definitely worth a try. I did this yeas ago when I was in debt and it made paying off the debt a reality. If you have been to the grocery store anytime over the course of past few months then you have definitely seen how food prices have escalated.
Family Balance Sheet
APRIL 12, 2016
Today’s Debt Free Story is from Jessica. 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. What inspired you to get debt free? The inspiration to pay off my debt was watching my grandmother balance her checkbook.
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