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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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Meet a Reader | Mid-Atlantic Julia

The Frugal Girl

My husband and I have four kids ranging from age 3-8, and I am a stay-at-home mom. I think I started reading FG regularly in 2018 or 2019. and realized we should pay off this debt as quickly as possible. The teachers and education are wonderful and our kids are thriving there so we will continue it as long as we can afford to.

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Our Family Finances Update: January 2021

Family Balance Sheet

I said goodbye to mini-van life in January when we traded in our 2007 Honda Odyssey for a 2018 Toyota Highlander. I talk a lot about debt freedom and that is still a goal of ours, and our Debt Freedom Plan will be adjusted. And we paid off six figures of business debt before, we will pay off this car loan too.

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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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Family Office Manager

Family Balance Sheet

After 20 years, I switched from Quicken software to You Need a Budget (YNAB) software in 2018 for our household. Home, auto, kids, dog, medical, vacation, blah blah blah…it all adds up and it all needs to fit into our budget. Implement our Debt Freedom Plan. Create our family’s financial goals and Debt Freedom Plan.

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Chit Chat: 06.17.18

Family Balance Sheet

Our kids spent their first week of summer vacation at the beach with their Girl Scouts troop. The restaurant isn’t exactly kid-friendly and we were waiting for the right time to use. It was a week spent together without having to worry about getting our kids from one activity to the other. We want to be debt free.