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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

We’ve had several instances over the years that have shaped how we viewed and managed our money. How Our Debt Freedom Plan Prepared Us for the Pandemic. The year 2007 held such promise for us when it started, but by the end of the year, we were brought to our knees. Our emergency fund. Storm #2: 2013.

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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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Friday Links – Too Swamped Edition

Prairie Eco-Thrifter

Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. 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. Finalizing your 2013 goals?

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The Deadly Sins of Personal Finance

Prairie Eco-Thrifter

This can breed short sightedness as you struggle to deal with your debt. We all know how powerful debt snowballing can be, with small amounts adding up over time to pay off a big portion of debt, and the reverse is true with small portions of spending adding up overtime to wreak havoc on your finances. Short-sightedness .

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Take Control of Your Money in 2015

Family Balance Sheet

Every January 1, I get caught up in the hopeful feeling of the upcoming new year. My husband and I make some financial goals at the start of every year. Most of them are related to our small business, my husband’s chiropractic office, but last January I got a bee in my bonnet about debt…thank you, Dave Ramsey.

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How to Make Your Budget Work for You

Prairie Eco-Thrifter

Would you feel a weight lifted if you could pay off your high-rate consumer debt? Money is automatically deposited into the retirement and emergency fund accounts, as well as to my son’s 529. Think about what brings satisfaction to your life. Do you like helping others? must be paid. Money Tips'

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Money Anxiety. Let It Go.

Prairie Eco-Thrifter

As much as I enjoy performing in Christmas shows each holiday season, the audiences won’t come after the New Years, which brings my work to an end before I’d like it to. I keep expenses low by living below my means and when windfalls of cash come in from bigger contracts, the money goes into replenishing savings and retirement funding.

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