article thumbnail

Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Jason Price from One Money Design interviews Chuck Bentley: The Root of Riches Book Interview. Chuck wrote the book to challenge how people think about money.&#.

article thumbnail

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

Family Balance Sheet

Welcome to 31 Days to Organize Your Finances. We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Earlier this year, my husband and I wrote a specific list of financial goals and named it Our Debt Freedom Plan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. 2 – Create your Debt Freedom Plan. This list became our personal Debt Freedom Plan.

Debt 130
article thumbnail

Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

That inspired me to be intentional with my finances and to follow Dave’s six steps. When my wife and I got married, we both made the decision that our first financial priority would be becoming debt free. Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living?

Debt Free 241
article thumbnail

Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

She blogs about books at [link]. How much debt did you pay off? What kind of debt was it? We paid off $68,000 of debt in eight months. The debt included about $30,000 in student loans, some medical debt, IRS debt, and a small amount on a credit card. Paying off debt can be done!

Debt 245
article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

I quit my job to focus on my own stuff (blogging, painting, rental property, my iPhone app, writing Kindle books, etc.). Quitting my job is one of the things being debt free has enabled us to do. have barely any bills and be able to live off passive income. But it wasn’t a decade of nothing but paying off debt.

Debt 236
article thumbnail

Create your debt freedom plan

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that we view them as one. And as you’ll see below, we also added a few more steps that he probably wouldn’t suggest or approve of, but there’s a reason why this is called personal finance. Paying off debt is not fun.

Debt 130