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2019 Debt Freedom Plan Update

Family Balance Sheet

3 – Cash flow necessary business expenses and renovations. We’ve been in our home since September 2001. When we do dip into it, we replenish as soon as possible. 2 – Increase business emergency savings. DONE – 6/1/2014. DONE 2015. 4 – Pay off all Non-Mortgage Debt. | DONE September 2019!!!

Debt 100
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How We Paid off Six Figures of Debt

Family Balance Sheet

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. Also, the monthly mortgage payment was less than our rent payment.

Debt 130