Remove 2012 Remove Emergency Fund Remove Motivation Remove Renovation
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Update #1: Our Debt Freedom Plan

Family Balance Sheet

Our plan is going to take us several years and I think celebrating will motivate us when the going gets long and tough. Today I am proud to say that we have completed our second step : Increase business emergency savings to a specific number. It happened in 2006 and again in late 2012 to early 2013.

Debt 100
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2019 Debt Freedom Plan Update

Family Balance Sheet

The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. We still have a mortgage, so we’re technically not DEBT-FREE, but we paid off over 6 figures of business debts and student loans since 2012 and have wiped out our NON-mortgage debt.

Debt 100