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2019 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan has been a long winding road. 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. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

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Family Office Manager

Family Balance Sheet

I read this book around the same time that I became a mother and left the full-time workforce to stay at home with our new baby. It was a hard transition for me to go from being a major financial contributor in our marriage to staying at home with a baby and not bringing in a paycheck. Implement our Debt Freedom Plan.

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Our 2018 Financial Goals

Family Balance Sheet

Did you make 2018 financial goals ? Our 2 Main Financial Goals for 2018: 1 – Finish the will. This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. We’d like to start saving for it in 2018, if possible. The Guidelines for 2018: 1.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

As I reflect back to January 2016, I started that year pretty determined to pay off the balance of our non-mortgage debts. Unfortunately, we did not hit that goal and in part, have made some major changes to our Debt Freedom Plan. Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband.

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