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How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

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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. Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. Yep, life was good.

Debt 130
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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation. Also, about the time everything shut down, my coffee machine decided to as well.

Budget 246
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Mortgage Calculator with PMI and Taxes

Savings Corner

On mobile devices, tap “Refine Results” to find the field to enter the rate and use the plus and minus signs to select the “Loan term.” A lot of factors go into that assessment, and the main one is debt-to-income ratio. But most mortgage payments include other charges as well.

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How Much House Can I Afford? Affordability Calculator

Savings Corner

To calculate how much house you can afford, we take into account a few primary items, such as your household income, monthly debts (for example, car loan and student loan payments) and the amount of savings available for a down payment. How does your debt-to-income ratio impact affordability? Debt and expenses. Credit profile.

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Meet a Reader | JenRR from the Midwest

The Frugal Girl

When the weather is nice, we love to find outdoor spaces to explore. As an adult, it’s important to me to continue to be generous, as well as, provide financial security for myself and my family. I wait to find things that I love and then pretty much use them until they die. Climbing a huge hill at a nearby park 2.

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Create a Personal Escrow Fund | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Does your property tax bill give you anxiety? How were we going to find the funds by the due date? property & school taxes – due yearly.

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