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

Family Balance Sheet

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
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How Iā€™m Managing our Family Budget during the Pandemic

Family Balance Sheet

The PA governor has shut down all non-essential businesses indefinitely and we’ve now been ordered to stay at home unless traveling to essential jobs, needed supplies, or outdoor exercise as long as we practice social distancing. We just finished paying off our non-mortgage debts and now we were considering taking out a car loan.

Budgeting 246
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Net Worth Defined: What Is My Net Worth?

Savings Corner

To calculate your net worth, take inventory of what you own, as well as your outstanding debt. A person can bring home a big paycheck but have a low net worth if they spend most of their money. That includes revolving consumer debts ā€” such as credit card balances ā€” as well as personal, auto, payday and title loan balances.

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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. Last year, to make a little extra cash, I started boarding dogs through Rover, and I am about to start a very very part time job using my RN license for a home care company. I think I started reading FG regularly in 2018 or 2019.

Money 194
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Our Family Finances Update: January 2021

Family Balance Sheet

We’re converting our basement to a family room area and the original family room (in the pic above) is becoming a home office. The backstory: In November 2019, my van was in need of new tires and I was debating on whether to get the new tires or start looking for a replacement vehicle. We…took out a car loan. year-old van.

Finance 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. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. Our business was doing very well, and we were excited about the opportunity to own a property outside of our home.

Debt 130
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Our 2018 Financial Goals

Family Balance Sheet

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. Iā€™ll apply that money to the debt.