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Create your debt freedom plan

Family Balance Sheet

Yet after listening to Dave’s approach, I knew I didn’t want to be anybody’s slave and if I was being honest with myself, the total amount of debt payments we made every month was ridiculous. After the FPU class, we looked at our debts differently. If others could knock out debt, we could too. DONE November 2019.

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Take Control of Your Money in 2015

Family Balance Sheet

And 2015 is no different. Most of them are related to our small business, my husband’s chiropractic office, but last January I got a bee in my bonnet about debt…thank you, Dave Ramsey. Tantrum aside, it’s still going to take years, but there is room for us to make some considerable progress in 2015.

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2019 Debt Freedom Plan Update

Family Balance Sheet

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. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. DONE 2015. DONE – 6/1/2014.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Today’s Debt Free Story is from Shannon. As many students do these days, we had tens of thousands of dollars of debt by the time we graduated with our Masters degrees. Living on two-incomes, we could have easily paid off our debt quickly, but we had no idea at the time that “debt free” was even a thing.

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2012 Financial Goals

Family Balance Sheet

Increase our Monthly Debt Payment. We have set a goal date of July 2015 to pay off all of our debt. Increase Family Emergency Fund to Six Months Salary. No more excuses. Just get it done! This includes our mortgage and my husband's student loan. This might take us 2 years to achieve.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Their 2017 goal is to pay off the remaining balance on their mortgage ($27,900) and be DEBT FREE! Jackie and her husband paid off $147,000 of debt in 10 years and are debt free. My husband and I also have a goal of debt freedom, but we’ve put together micro-S.M.A.R.T. ” Pay off Debt.