Family Balance Sheet
MAY 6, 2020
How Our Debt Freedom Plan Prepared Us for the Pandemic. August 2013 was a month that I’d like to wipe from my memory. 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. Our first storm: 2007. Storm #2: 2013.
Family Balance Sheet
AUGUST 6, 2022
I took advantage of a “welcome back” bonus payout that ended in July, so this average will go down in August. I’m not sure yet if I will continue in August. However, once we paid off all of that debt, I started playing the credit card game.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Family Balance Sheet
SEPTEMBER 21, 2015
August 2013 was a month that I’d like to wipe from my memory. We carried no credit card debt and we contributed to our retirement. But in August 2013, our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages, our home and our business. Stay positive.
Family Balance Sheet
JANUARY 26, 2016
As God is my witness, it WILL be the year that we pay off the last of our non-mortgage debt. It has been my obsession goal since we found ourselves in a dicey situation back in August 2013. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan.
Family Balance Sheet
JUNE 4, 2015
However a few years ago, we found ourselves with too much debt and not enough cash. Within a year after settlement, we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. I manage the finances for our business and our family and by August 2013, I felt the weight of the situation.
Prairie Eco-Thrifter
NOVEMBER 6, 2013
An August 2013 issue of Daily Finance, in an article entitled Credit Card Debt Falling But Still Very High reported: “According to data from the Federal Reserve, as of July 2013, the average indebted household in the U.S. Many of them have unpaid balances.
Family Balance Sheet
JULY 9, 2015
It’s no secret, I am fascinated, encouraged, and border-line obsessed with debt freedom. The idea of becoming debt free makes me downright giddy. So I love to hear the success stories of others who have found debt freedom. What did they specifically do to become debt free? 10 Smart Ways to Become Debt Free.
Expert insights. Personalized for you.
130 
Let's personalize your content