Remove 2013 Remove Pay Off Debt Remove Rent Remove Saving Money
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2019 Debt Freedom Plan Update

Family Balance Sheet

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. 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. By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow.

Debt 130
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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

Yep, we’re newlyweds and eloped together in December 2013. I could barely afford my $600 rent payment, which was in a horrible neighborhood. I also found small ways to earn extra money, specifically flipping yard sale finds for a profit on eBay. It was a fun and creative way to get what I needed without spending money.

Debt 227