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2019 Debt Freedom Plan Update

Family Balance Sheet

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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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

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Today’s Debt Free Story is from Carrie. Yep, we’re newlyweds and eloped together in December 2013. How much debt did you pay off? What kind of debt was it? After my first marriage fell apart, I ended up with over $14,000 of consumer debt, made up of a car loan and credit cards. Who knows!

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5 Steps to Crush Debt in 2016 + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Are you ready to crush debt this year? We’re going to give it everything we’ve got and hopefully pay off the last of our non-mortgage debt by the end of this year. It will be quite a feat because by my calculations we’ll be short each month if we just apply our debt snowball payment.

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