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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 Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us. What inspired you to get debt free?

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Meet a Reader | Megan from California

The Frugal Girl

I made some foolish choices shortly after graduating college, burning through my savings and running up credit card bills. We bought our house in March 2009, during some of the worst of the recession and the housing bubble bursting. What’s the “why” behind your money-saving efforts? What’s your best frugal win?

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What Is National Financial Literacy Month?

Prairie Eco-Thrifter

On March 28, 2012 the Senate passed Resolution 409 that officially recognized April as National Financial Literacy Month. Well according to the bill’s sponsors, in the resolution presented to and passed by the 112 th Congress this March, we have a lot of issues to solve. Why do we need it?

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How We’re Using Upromise to Save for College

Family Balance Sheet

Prior to 2020, we spent years aggressively paying off six figures of non-mortgage debts , so saving for college was sporadic deposits into a regulard savings account and basically on the back burner. Since March of 2020, over $1300 has been transferred into my daughters’ 529 College Savings Accounts. 108 Months X $72 = $7,776!

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Stay the Course Financially

Prairie Eco-Thrifter

Recent graduates were also hard hit. billion in March. billion in March – according to that same report. “Other things equal, an increase in the stock market makes people wealthier. As a result, many people learned the hard way that having a solid financial background in times of stress is so important. .”

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Yakezie Carnival – Credit Cards Edition

Prairie Eco-Thrifter

The Debt Princess: The Kool-Aid Effect: The Relationship Between the Poor & Nutrition – A look into how the working poor are eating unhealthy. Discussing how it is easier to eat healthy when you have food stamps but once that is gone or you have “graduated” from the program, you can no longer eat as well.