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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. We engaged in many strategies to find extra money to put towards the debt: We cut cable TV and our land line.

Debt 100
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How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Also, the monthly mortgage payment was less than our rent payment. We’re no spring chickens, so in November 2016, we started contributing again to our retirement. Health Sharing Ministry.

Debt 130