Motherhood Moments

JANUARY 24, 2023

In most cases, if you’re asking is a home warranty worth it , the answer is yes if you consider that the average price to fix an air conditioner or repair an HVAC system can be upwards of $5000 or more. Pay Off Debts to Be More Attractive to Lenders If you have real debt problems, then another solution is to start paying off what you owe.

Money 130

Money Home Real Estate Warranties 130

Family Balance Sheet

MAY 21, 2021

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. To be honest, our first step in our plan wasn’t even paying off debt.

Debt 130

Debt Goals Debt Free Pay Off Debt 130

Family Balance Sheet

SEPTEMBER 9, 2014

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

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. 10 – Pay Off Mortgage Debt. . We can now move on to other financial goals.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

JUNE 22, 2020

This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. We have had to put money into wear and tear repairs for the van in the past year, but both vehicles still drive very well, and we haven’t had car payments in many years. How do you eat an elephant?

Debt 130

Debt Health Insurance Insurance Budgeting 130

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. Tax advantages: You could be eligible for a tax deduction if you use the loan proceeds to substantially improve or repair the home.

Home 52

Home Debt Credit Cards Credit 52

Family Balance Sheet

APRIL 9, 2021

We also had some building repairs that we needed to cash flow. Pay off all Non-Mortgage Debt. Our non-mortgage debt was in the six figures and included a student loan and business loans. We used Dave Ramsey’s debt snowball method. | Related Reading: WHY We Wanted to be Debt Free. Brain dump!

Debt 130

Debt Emergency Fund 2019 Debt Free 130