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Create your debt freedom plan

Family Balance Sheet

We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. Prioritize.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. A budget might not change your circumstances, especially if the problem is income, but a budget will help prioritize the funds that are available. How to Start a Budget (and be successful at it!).

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. My husband and I also have a goal of debt freedom, but we’ve put together micro-S.M.A.R.T. 2) Find a Side Hustle.

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2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. We limited our dinners out.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

We charted out our course of action to pay off debts and start saving for retirement. Find a Financial Professional you can trust. Find a trusted financial professional to help you navigate through the many long term investing and retirement options available. Start Saving for your Emergency Fund TODAY!

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Debt Consolidation Calculator | Bankrate

Savings Corner

How to use a debt consolidation calculator to control your debt It is easy to get overwhelmed with debt, but debt consolidation offers a solution. Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Some people find themselves buried under student loan debt with little chance of ever paying it off. Kevin Mulligan from RothIRA.com’s Retirement Planning Blog tells us how to Take Advantage of Retirement Accounts for a Side Business. Hint : It Ain’t The Dollars , How do you measure your success in life?