article thumbnail

Create your debt freedom plan

Family Balance Sheet

Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. Debt is Dumb and Cash is King.”. “…and

Debt 130
article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

How Our Debt Freedom Plan Prepared Us for the Pandemic. We’d survived the dip in 2007, carried no credit card debt, and we were contributing to our retirement. This new business debt weighed on me. I decided to use Dave Ramsey’s 7 Baby Steps as a guide and I wrote our first Debt Freedom Plan. Storm #2: 2013.

Debt 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Find out How Drew & Farrah Paid off $200k of debt, including their HOME

Family Balance Sheet

So I’m thrilled to bring you today’s story, because I actually watched this couple’s debt free scream when it was live on the show. Drew & Farrah’s Debt Free Story. Include anything that you’d like to add to give the reader an idea about your personality. How much debt did you pay off?

Debt 100
article thumbnail

Our 2019 Financial Goal

Family Balance Sheet

In 2018, we decided to focus on just 2 main financial goals and before I share my 2019 goals I thought I would give you a recap on 2018. Our 2019 Financial Goal: Our one and only financial goal for the year: Pay off the student loan, our last non-mortgage debt. . Related Reading: Our original Debt Freedom Plan. That’s it!

article thumbnail

10 Easy Ways to Save Money

Prairie Eco-Thrifter

Companies that offer telephone services, insurance, or internet services will often give you a better plan to keep you as a customer. Why give those companies any more of your money by paying a late fee?! This will help you set priorities for your money and give your savings some direction. Plus it stops you from wasting food.