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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. How Our Debt Freedom Plan Prepared Us for the Pandemic. As the Family Office Manager , I handle the day-to-day finances for our family and I needed a way to communicate our finances to my husband.

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Find out how Lydia & her Husband Paid off $36,000 in Debt in 2 Years

Family Balance Sheet

Today’s Debt Free Story is from Lydia. She blogs about living a limitless life on a limited budget at Frugal Debt Free Life. How much debt did you pay off? What kind of debt was it? We paid off $36,000 in student loans, credit cards, cars and a bit of medical debt. What inspired you to get debt free?

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Where we found money in April

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Years ago during our Debt Freedom Plan, I avoided using credit cards, not because we had credit card debt, but I was trying to limit our overall spending. February 2021 – I found $3433.68. March 2021 – I found $747.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. In January and February, my husband and I were contemplating replacing our 12.5

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P.E.P. for the Week of February 14-18/11-Planning Edition

Prairie Eco-Thrifter

We get a visual picture every month of where are finances are and what we have spent our money on. We have more stable careers, we have no debt (other than our mortgage), and we own a home. I knew his determination and focus was something to remember, but I never thought of it in relation to finances. Reducing Debt.

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Take Control of YOUR Money in 2016

Family Balance Sheet

While we made considerable headway in 2015 with reducing our debts, we missed our goal of paying off a loan by the end of the year. Instead of December, we now should have it paid off by the end of this February. So in 2016, I will continue to share our journey to pay off our debt. Debt Freedom Plan Updates.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Home equity lines of credit (HELOCs) and home equity loans are two similar finance tools — methods of borrowing money against the ownership stake you have in your home. Home equity loan: What is it?

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