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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Life, as we knew it came to a halt for so many of us in mid-March, and life going forward will forever be known as pre-pandemic or post-pandemic. How Our Debt Freedom Plan Prepared Us for the Pandemic. The year 2007 held such promise for us when it started, but by the end of the year, we were brought to our knees.

Debt 130
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Where we found money in March 2021

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Was I as successful in March… My total of found money in March: $747. …No, unfortunately, March was not as good, however, $747 isn’t awful either. Where did you find extra money in March?

March 130
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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

Today’s debt free story is from Aja. Tell us about you and your family. How much debt did you pay off? What kind of debt was it? We paid off about $110K worth of debt. We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ). Where are you from?

Debt 100
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How We’re Using Upromise to Save for College

Family Balance Sheet

I don’t recall why I never used the account, but I guess it just slipped my mind. 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. Use a Upromise Mastercard. Hello, 2020.

College 130
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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. I only use cards that offer some type of cashback offer.

April 130
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My Word for 2021

Family Balance Sheet

I joined the crowd many years ago only to completely forget about my word by mid-March. I wanted to reduce our non-mortgage debt, my clutter, my distractions, my impact on the environment, and my consumption of sweets. How our Debt Freedom Plan Prepared Us for the Pandemic. 2019 Debt Freedom Plan Update.

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

Family Balance Sheet

Pre-coronavirus, we didn’t think twice about shaking a stranger’s hand, using the ATM keypad, or going to the grocery store without donning a hazmat suit. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. I have been using it ever since.

Budget 246