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2019 Debt Freedom Plan Update

Family Balance Sheet

To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt. From what we learned in the course, we wrote our Debt Freedom Plan. A lot of life happened over 7 years and our plan changed slightly, but our goal remains to achieve complete freedom from debt.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

But in August 2013 , our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages: our home and our business. I was an avid reader of Dave Ramsey’s books for years and we even took his home study course, but we still ended up in this position.

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