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How our Debt Freedom Plan Prepared Us for the Pandemic

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.

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Debt Emergency Fund 2007 2020 130
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A Goal Without a Plan is Just a Wish

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.

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Goals Debt Renovation Daughter 100
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