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Our 2019 Financial Goal

Family Balance Sheet

In previous years, I would create a long list of financial goals, only to have little accomplished by the end of the December. I almost stopped writing goals down altogether. In 2018, we decided to focus on just 2 main financial goals and before I share my 2019 goals I thought I would give you a recap on 2018.

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Where I found money in February

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Neither my husband nor I have been to Europe so this was a big deal and we were very excited to be able to take our kids on such a trip. I donated plasma 5 times in February which is short of my goal of 8 times.

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Create your debt freedom plan

Family Balance Sheet

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. Something happens mentally when you WRITE down your goals and plans for execution. In January of 2020, we made summer plans (and bought airline tickets) to go see friends who moved to Europe.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We spent the next few years building our savings back up to the level we had prior to 2007. What got us through financially? Our emergency fund. March 2020 arrived.

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Find out How Drew & Farrah Paid off $200k of debt, including their HOME

Family Balance Sheet

Working together, sharing the same goals and vision, talking about milestones. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. If married, who initiated the debt free goal? We would keep our goals on paper on the fridge. What are your financial goals now?

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Meet a Reader | Midwest Andrea

The Frugal Girl

How did you get interested in saving money? What’s the “why” behind your money-saving efforts? Our long-term goal is to retire in our 40s, and the first step is to pay off this mortgage (in addition to recommended retirement investing). Hardest: I find it hard to balance saving money with making memories.

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Financial Lessons from the Movies – The Unsinkable Molly Brown

Prairie Eco-Thrifter

Have a dream and set goals. One of the first songs Reynolds sings is “I ain’t down yet” which loudly and emphatically expresses her dream of being rich and the goals she has to get there. Use your dreams and goals to guide your actions. Stay focused on your goal. Be open to opportunity and keep learning.

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