Remove Debt Remove January Remove Pay Off Debt Remove Renovation
article thumbnail

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.

Debt 100
article thumbnail

What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. 10.16% The average $30,000 HELOC rate as of the beginning of January 2024 — up from 7.62% in January 2023. What is a home equity loan? to 10 percent.

Home 52