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Over 40 and Worried about Money? Start here!

Family Balance Sheet

I know there are many reasons for the dire savings rates: kids, household projects, kids, pets, kids, caring for an aging parent, kids, medical issues, and kids. But for our own safety net, we must make our finances a priority. We charted out our course of action to pay off debts and start saving for retirement.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

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