Remove Emergency Fund Remove Home Remove Pay Off Debt Remove Renovation
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2019 Debt Freedom Plan Update

Family Balance Sheet

To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt. From what we learned in the course, we wrote our Debt Freedom Plan. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. DONE – 6/1/2014. DONE 2015.

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How We Paid off Six Figures of Debt

Family Balance Sheet

Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. After the first year, the new business debt weighed on me. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. Small home = Low Expenses.

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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. I discovered the term, Zero-Based Budget, when my husband and I took Dave Ramsey’s Financial Peace University home course many years ago. During that time, I started to budget for everything.

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