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Over 40 and Worried about Money? Start here!

Family Balance Sheet

But for our own safety net, we must make our finances a priority. We charted out our course of action to pay off debts and start saving for retirement. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away. It is a lot.

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Create your debt freedom plan

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that we view them as one. And as you’ll see below, we also added a few more steps that he probably wouldn’t suggest or approve of, but there’s a reason why this is called personal finance. Pay off all Non-Mortgage Debt.

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5 Steps to Crush Debt in 2016 + FREE Debt Payoff Goal Tracker

Family Balance Sheet

2 – Create your own Debt Freedom Plan. I realized that we were spreading ourselves too thin and our finances were not as great as I thought they were. We are following his debt snowball method and the book provided the blueprint for our Debt Freedom Plan. Read our 2016 Crushing Debt Guidelines here.

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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

When Jon and I were married, we acknowledged that high paying careers were not on the docket for us, knowing that we wanted to have both comfortable and generous lives we decided that we would have to be incredibly diligent with our resources. The first step in this diligence was paying off debt.

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

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I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. We have found after 16+ years of marriage that if we do not communicate regularly about our finances, we tend to over-spend, argue, make assumptions, and become complacent. S = Be SPECIFIC.