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2019 Debt Freedom Plan Update

Family Balance Sheet

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. Once that is complete, all extra money will be split between #6, 7, 8, 9… at least that is the plan for now.

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. In September 2001, we bought a 1700 square foot home with a one-car garage and ONE full bathroom. Small home = Low Expenses.

Debt 130
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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

At the time we were renting an office space in a strip mall, but when we discovered a foreclosure in our town that seemed like a great idea on paper, we jumped at the chance. Where our mortgage enters the equation: We bought our modest home in September 2001, before home prices soared and inevitably, tanked. We bought our home in 2001.

Debt 100