Family Balance Sheet

OCTOBER 18, 2019

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. 8 – Start college funds for our two girls. We have zilch set aside for our girls’ college.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

AUGUST 4, 2014

We met in college and currently both feel drawn toward higher education. I (Krista) have always held an aversion to debt and during that 6 month grace period after I graduated I started attacking my student loans. The first step in this diligence was paying off debt.

Debt Free 243

Debt Free Debt Goals Student 243

Family Balance Sheet

APRIL 9, 2021

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

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

SEPTEMBER 9, 2014

We paid off over $147,000 in debt (actually way over that amount, if you want to count a $210,000 rental property that I sold at a slight loss.) About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Then my husband decided to pay off his car.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Prairie Eco-Thrifter

JULY 4, 2011

Ryan from The Financial Student talks about Getting Rid of Student Loans. Some people find themselves buried under student loan debt with little chance of ever paying it off. Sean Smarty from Grow Money talks about How to Invest During College. Music to my ears!! Thanks for the honesty.

Personal Finance 240

Personal Finance Finance Family Debt 240

Family Balance Sheet

FEBRUARY 3, 2016

They didn’t like debt, and as I grew up, neither did I. When my husband and I got married, we both brought debt into the marriage and I knew that I wanted to pay it off. I also wanted to pay off the student loans he had, and see him graduate without occurring any more debt. Track your progress.

Debt 100

Debt Debt Free College Finds 100

Family Balance Sheet

APRIL 12, 2016

I had $56,000 of debt when I decided to become debt free. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. I had planned to pay it all off in 2.5 What inspired you to get debt free? The debt didn’t happen overnight so don’t expect it to be gone overnight.

Credit Cards 100

Credit Cards Debt Debt Free Student 100