Family Balance Sheet

JUNE 22, 2020

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. What could possibly go wrong?

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

OCTOBER 18, 2019

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. 3 – Cash flow necessary business expenses and renovations. We can now move on to other financial goals. DONE 2015.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Savings Corner

DECEMBER 24, 2023

Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation. Lenders sometimes base variable rates on a well-known index rate , such as the prime rate.

Debt 52

Debt Credit Cards Credit College Tuition 52

Savings Corner

APRIL 4, 2024

Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. Over time, as you continue to make timely payments on the loan, you might see your score improve, as well. How long do you have to repay a home equity loan?

Home 52

Home Debt Credit Cards Credit 52