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What are YOUR Financial Goals? | 31 Days to Organize Your Finances

Family Balance Sheet

Welcome to 31 Days to Organize Your Finances. We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Too often we only think about goals in January, but today we’re going to work on new financial goals.

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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. They are a nice perk if you are able to pay off your balance every month, otherwise, you’re paying finance charges that most likely exceed the cashback that is earned. January 2021 – I found $1681.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

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. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away. It is a lot.

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Create your debt freedom plan

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that we view them as one. And as you’ll see below, we also added a few more steps that he probably wouldn’t suggest or approve of, but there’s a reason why this is called personal finance. Paying off debt is not fun.

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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

We also were working on paying for Jon’s master’s degree and then my own masters degree, which I completed in December 2013. With tuition payments and debt payments we spent about $60,395 between January 2012 and March 2014 when we became completely debt free with two bachelor’s and two master’s degrees between us.

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What Is A Home Equity Loan?

Savings Corner

10.16% The average $30,000 HELOC rate as of the beginning of January 2024 — up from 7.62% in January 2023. While the forecast doesn’t call for massive savings — for HE loans, anyway — any reduction in borrowing costs saves prospective borrowers some cash, and encourages them to turn to this financing tool. to 10 percent.

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

Family Balance Sheet

I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. Jacki and her husband take the month of January to map out their goals for the year. ” Pay off Debt. Read: 5 Steps to Crush Debt + a FREE Debt Payoff Tracker.