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.

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Debt 2019 Financial Goals Emergency Fund 100

Motherhood Moments

FEBRUARY 16, 2023

KC Scholars continues to exemplify quality education standards for local students of varying circumstances. Through this generous program, deserving applicants are awarded an opportunity to earn their college degree debt free. Additionally, the student must be considered low- or modest-income. Have at least a 2.5

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Kansas City Kansas Student College 130

Prairie Eco-Thrifter

SEPTEMBER 30, 2013

Does the cost of a four year college or university degree scare you? We all have been taught that a college degree is the path to the good life, but is it still – when students are emerging with heavy debt and little chance of a lucrative job? But, at least I graduated without debt. What are the alternatives?

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College Debt Education Student 227

Family Balance Sheet

AUGUST 4, 2014

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. We met in college and currently both feel drawn toward higher education. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us.

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Debt Free Debt Goals Student 243

Family Balance Sheet

SEPTEMBER 9, 2014

Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. Quitting my job is one of the things being debt free has enabled us to do. How much debt did you pay off?

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Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

MAY 6, 2020

How Our Debt Freedom Plan Prepared Us for the Pandemic. 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. I decided to use Dave Ramsey’s 7 Baby Steps as a guide and I wrote our first Debt Freedom Plan. Storm #2: 2013.

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Debt Emergency Fund 2007 2020 130

Prairie Eco-Thrifter

OCTOBER 8, 2013

When I was in high school , I worked two (sometimes three) jobs so that I could go to college. I wasn’t able to get student loans, which now I see as a blessing. Once I started taking action to pay for school through methods other than taking out student loans, I realized it wasn’t that difficult. Drop Some Courses.

Student 184

Student Education Co-Op College 184

Prairie Eco-Thrifter

AUGUST 17, 2017

If you are going on to college in the fall, don’t let summer roll by without doing some preparation work to help you avoid typical college fail points. Talk to any alumni you may know (hint parents, cousins, that kid that went off to college last year) to see what they know about it. Read up on what colleges may offer.

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College Graduation Used Points 133

Prairie Eco-Thrifter

MARCH 12, 2015

Of course, there are billionaires that have dropped out of college (Ted Turner, Mark Zuckerberg) and are doing just fine, but it’s not the norm. In fact, the Pew Research Center found that college grads between 25 and 32 earned $17,500 more than those with a high school diploma. Choose your Degree Path Wisely. Pace Yourself.

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Student Frugal College Education 100

Prairie Eco-Thrifter

MARCH 4, 2015

It was nearly impossible to figure out exactly how the program would work for each query, because, as Bonnie Baker (the engaging and energetic DB2 speaker) used to put it “It depends” Likewise with understanding whether the rich use debt differently than the rest of us… it depends. It depends on how the debt is managed.

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Debt Used Money IBM 100

Prairie Eco-Thrifter

JANUARY 5, 2014

Manisha has an MBA from Harvard and serves as a Financial Fellow at Wellesley College. How we handle our money early in life can impact us in future years- for example, young adults who rely on credit may find themselves continuing this pattern throughout life and consumed with debt.” Start an aggressive debt payoff schedule.

Personal Finance 192

Personal Finance Finance Finance Tips Graduation 192

Family Balance Sheet

MARCH 19, 2014

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t have credit card debt, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%, so we thought we were doing okay. But Dave Ramsey’s view of debt is very different.

Debt 100

Debt Money Emergency Fund Goals 100

Family Balance Sheet

AUGUST 21, 2020

Debts still need to be paid, cars will need new parts, homes will need to be repaired, and kids will need braces. My husband’s brain likes to see everything written down on one page, so I developed that first spreadsheet to list all of our accounts and all of our debts. It showed him what we OWE and what we OWN.

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Family Debt Finance Kids and Family 241

Family Balance Sheet

OCTOBER 17, 2014

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. For years, my husband and I didn’t consider OUR debts to be wrong. To us, debt was a necessary evil. Today’s assignment: Create a Plan to Eliminate Your Debt.

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Debt Finance Organic Organization 100

Family Balance Sheet

JULY 13, 2016

So I’m thrilled to bring you today’s story, because I actually watched this couple’s debt free scream when it was live on the show. Drew & Farrah’s Debt Free Story. How much debt did you pay off? What kind of debt was it? Student Loans – Paid off $37,000. Where are you from?

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Debt Debt Free Finds Home 100

The Frugal Girl

FEBRUARY 18, 2024

I’m 47, married, and living amongst the cornfields in a college town in the Midwest U.S. As our family and household income grew, my husband and I made it a goal to put more money aside for emergencies, retirement, college, home improvements, etc. I live in a fairly transient town with lots of college students.

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Kids and Family Home and Garden Money Frugal 186

Savings Corner

APRIL 4, 2024

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. The difference between the two is given to you in a lump-sum payment.

Refinancing 52

Refinancing Work Debt Home Improvement 52

Prairie Eco-Thrifter

JANUARY 10, 2013

If you’re currently balancing your debt payoff and savings efforts, Canadian Budget Binder highlights the reason why it’s important to get out of debt first before saving. Are you a current student or someone who’s currently paying off student loan debt? Worried about missing the mark completely?

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Emergency Fund Debt Student Fridays 193

Prairie Eco-Thrifter

FEBRUARY 28, 2013

Student Debt Survivor wants you to know a secret about paying off $30K in student loans. Common Money Mistakes That College Students Make and How to… Managing Debt Is A Marathon Not A Sprint How to Graduate College Without Being Broke 10 Easy Ways to Save Money Manifest More Money Into Your Life- Step 6.

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Fridays Student Debt Credit Cards 170

Prairie Eco-Thrifter

JULY 31, 2014

For me, my best financial lesson came from suffering through 10 years of near poverty, the consequence of picking a non-lucrative college major, then figuring out how to re-train and enter a highly rewarding profession – learning to be independent and self-sufficient, even from my spouse. Read more on my story in my book. Free money!

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Debt College Student Money 167

Savings Corner

APRIL 4, 2024

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

Home 52

Home Debt Credit Cards Credit 52

Prairie Eco-Thrifter

FEBRUARY 15, 2011

Building a college finance fund takes dedication and consistency. When your children are college age, they can always get a private student loan. But those can saddle your children with debt for 20 years or more! But those can saddle your children with debt for 20 years or more! Know Your Actual Budget.

College 100

College Budgeting Budget Friends And Family Sale 100

Prairie Eco-Thrifter

AUGUST 21, 2014

It all started in high school, when I graduated five months earlier than my peers so I could work full time and save up money before starting college. I worked full-time throughout college and took a few internships. Because I did things a little differently.

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Travel Graduation College Full Time 165

Prairie Eco-Thrifter

JANUARY 17, 2013

I have tried to do some reading this week which I have highlighted below: Great Reads From The Blogosphere: Do you have extra money leftover from your student loans? Read what to do with it from Investing for College Students. Student Debt Survivor recently had a milestone birthday. Hope you have a great weekend.

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Fridays Student Motivation Debt 150

Prairie Eco-Thrifter

JANUARY 23, 2014

I was a broke student, living paycheck to paycheck , and I knew that if I went over my budget in one area for one month, it would derail my spending plan for the whole year. Just as people get can debt repayment burnout, you can get budget burnout, too. This is because I couldn’t afford to stray from my budget. I’m Doing OK!

Budgeting 213

Budgeting Budget Graduation Debt 213

Prairie Eco-Thrifter

MAY 25, 2014

These were my college years, when I made lots of stupid decisions. When I’d do things like take out student loans even though I had a full-tuition scholarship and a sweet part-time job in the university cafeteria. What Were You Thinking? The “what were you thinking?” Why Aren’t You Doing THIS? What do you think?

Money 209

Money Giving Las Vegas Credit Card Rewards 209

Family Balance Sheet

JANUARY 20, 2017

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. debts one by one. cars, and finally our student loans.

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100

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. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan. We have a retirement to plan , our daughters’ college to save for, and many places to visit.

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Financial Goals Goals 2016 Debt 100

Saving Cents With Sense

FEBRUARY 28, 2014

With PNC reporting that the average 20-something faces $45,000 in debt, and Generation Opportunity finding a 15.9 percent unemployment rate among 18-29 year olds , being financially savvy is a skill that gets you much farther than those humanity electives you took in college. Tackle Student Loans.

Parenting 81

Parenting Economy Student Cars 81

Family Balance Sheet

APRIL 22, 2011

It was back in 1989 and I was a college sophomore. There weren't a lot of people walking around, mostly hippies and college students. When I was a college sophomore, I didn't even know how to cook scrambled eggs, let alone grow my own food. I remember my first Earth Day celebration. Earth Day has come a long way.

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Compost Composting College Home and Garden 127

Prairie Eco-Thrifter

JULY 4, 2011

Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. How about you?

Personal Finance 240

Personal Finance Finance Family Debt 240

Saving Everyday

JUNE 9, 2012

You can load money to it anytime, so it would be perfect for, say, a college student. You could order one for your holiday shopping, upcoming summer vacations or even your kids. Think of it as PRE-paying for whatever your heart desires and getting a FREE $25 bucks out of it! NO credit check! Spends like cash!

Debt 77

Debt Gift Cards Student College 77

Prairie Eco-Thrifter

JUNE 4, 2012

Stay with me here – I’m very concerned about my child’s future, especially in these debt-ridden times of financial uncertainty. But it hadn’t occurred to me that life insurance might help pay for college, allow him to stay debt-free himself, or give him opportunities I never even dreamed of.

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Life Insurance Insurance Debt Money 187

Prairie Eco-Thrifter

APRIL 11, 2011

Join the husband/wife blogging team of Broke Professionals as they attempt to dig themselves out of a combined six figures in student loan debt. On credit cards and debt: “Credit cards are the easiest way to get into trouble. Stay out of debt in general. My dad has worked for nearly 40 years as a School Custodian.

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Work Debt Credit Cards Finance 133

Family Balance Sheet

MARCH 4, 2015

Today’s Debt Free Story is from Maureen. She writes at A Debt Free Stress Free Life. Besides writing on my personal finance blog, A Debt Free Stress Free Life, I’m an adjunct professor at a local college and own a residential and commercial cleaning business. How much debt did you pay off? Where are you from?

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Debt Credit Cards Debt Free Student 100

Family Balance Sheet

FEBRUARY 10, 2017

As I reflect back to January 2016, I started that year pretty determined to pay off the balance of our non-mortgage debts. Unfortunately, we did not hit that goal and in part, have made some major changes to our Debt Freedom Plan. Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband.

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Debt 2017 Student 2016 100

Couponing 101

JULY 26, 2011

Today, you can pick up pretty much any book, newspaper, or magazine and find an article about getting out of debt. Did you know that: * Nellie Mae reports that the average amount of credit card debt held by college graduates is $2,700. * USA Today reports that the average college graduate owes about $19,000 in student loan debt.

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Saving Money Money Kids Debt 103