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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. As the Family Office Manager , I handle the day-to-day finances for our family and I needed a way to communicate our finances to my husband. Everything changed. Storm #2: 2013. Yep, life was good.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

After renting an office for 12 years, we had nothing to show for it and the space was starting to feel a bit cramped. I manage the finances for our business and our family and by August 2013, I felt the weight of the situation. As much as I wanted to be a property owner, the extra debt was beginning to suffocate us.

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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Would renting for another year or two improve your financial standing? Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. Create a housing budget The purchase price and down payment aren’t the whole picture.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

During that time, I started to budget for everything. Every aspect of our lives was included in our budget. When people hear the word budget, they think “restriction” and “no fun”, but honestly that couldn’t be further from the truth. Another way to think of a budget is a spending plan.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Although my parents never specifically taught me about finances, they lived a frugal life by necessity. When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage. I grew up in banking and held other finance-related positions during my working years.

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How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Also, the monthly mortgage payment was less than our rent payment.

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