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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. 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. What inspired you to get debt free? They blog at 2 Copper Coins.

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How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?

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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

If they are primary beneficiaries, the parents or guardians may have to go to court and get themselves designated as able to manage the account for the child. Currently a spouse has the most flexibility, being able to even take over the IRA and treat it as his or her own (including changing the beneficiaries!).

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. But it’s a revolving debt that offers an amount of funds (a replenishable balance, similar to a credit card limit) tied to the level of equity in your home. HELOC: What is it?

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

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.

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Leveraging Business Loans In Family-Owned Enterprises

Koupon Karen

The Need For Business Loans Like all businesses, family-owned companies may require additional funding. Cash Flow And Debt Management: Such loans can also ensure smooth operations during cash flow challenges and consolidate high-interest debts, simplifying management and potentially saving money.

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Should You Save Or Invest Your Money?

Prairie Eco-Thrifter

In this article we will look at the pros and cons of saving and investing, as well as reducing debt, as a means of gaining financial security. If you want to get your cash back, you need to sell your shares; the price of your company’s stock may have gone up and so you will make a profit. What About Debt? What Should You Do? .

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