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2019 Debt Freedom Plan Update

Family Balance Sheet

We ran the numbers of the purchase and they looked great on paper, but paper doesn’t account for a new server, a roof leak, unexpected medical bills, and other calamities. 2018 Update. 1 – Save a starter Home Emergency Fund. I menu planned consistently to keep our grocery bills under control.

Debt 100
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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

They took it one step at a time though, first by building up emergency funds as quickly as possible, then by paying off the credit cards and committing to no new debt. The notes consisted of business loans and my husband’s student loan and we are projecting to be done in 2018. Save for emergencies.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

And to be honest, we don’t regret it one bit, but things changed rather quickly in 2013 and we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. Our bills and responsibilities didn’t waiver however, even though our income dipped. Projected pay off date December 2018.

Debt 100