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2019 Debt Freedom Plan Update

Family Balance Sheet

3 – Cash flow necessary business expenses and renovations. We never stopped taking vacations, but our trips were mostly camping in our pop-up or renting a beach house with other families. We’ve been in our home since September 2001. When we do dip into it, we replenish as soon as possible. DONE – 6/1/2014.

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. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan.

Debt 130