Remove 2019 Remove Baby Remove Buy Remove Renovation
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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

But in August 2013 , our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages: our home and our business. I decided to use Dave Ramsey’s 7 Baby Steps as a guide and I wrote our first Debt Freedom Plan. Yep, life was good. March 2020 arrived.

Debt 130
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How We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. We buy reliable vehicle brands that are built to drive for many many years. The Heavy Hitters: 1.

Debt 130
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Our 2018 Financial Goals

Family Balance Sheet

If nothing changes, this loan will be paid off by end of 2019, but I’d love to move that up and say adios to this loan! If not, we’ll start saving in 2019. We loosely based it on Dave Ramsey’s 7 Baby Step process, but modified it to address our needs. Cash flow necessary business expenses and renovations.