Family Balance Sheet

MAY 6, 2020

How Our Debt Freedom Plan Prepared Us for the Pandemic. We’d survived the dip in 2007, carried no credit card debt, and we were contributing to our retirement. This new business debt weighed on me. I decided to use Dave Ramsey’s 7 Baby Steps as a guide and I wrote our first Debt Freedom Plan. Storm #2: 2013.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

APRIL 11, 2020

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We didn’t have enough cash saved to buy a car without a loan and that wasn’t sitting well with me. I will eventually buy a machine, but for now, my morning coffee is secure.

Budgeting 246

Budgeting Budget Family Debt 246

The Frugal Girl

DECEMBER 11, 2023

I think I started reading FG regularly in 2018 or 2019. In my 20’s, I finally had a “real” job and wanted to buy a newer car. and realized we should pay off this debt as quickly as possible. Within reason, we like to give our kids a nice Christmas with presents they enjoy. homemade bagels!

Money 195

Money Kids and Family Frugal Parenting 195

Family Balance Sheet

JANUARY 17, 2018

This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. 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. I’ll apply that money to the debt.

Financial Goals 113

Financial Goals Goals 2018 Debt 113