Remove 2019 Remove Cars Remove Finance Remove Goals
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Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. We…took out a car loan. 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. I put down half the money and financed the other half.

Finance 130
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Create your debt freedom plan

Family Balance Sheet

We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. We agreed that credit card debt wasn’t very smart, but a car loan? Our personal finances are so interwoven with our small business finances that we view them as one. A student loan?

Debt 130
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Net Worth Defined: What Is My Net Worth?

Savings Corner

And when we say own, we include assets that you may still be paying for, such as a car or a house. Net worth calculator A smart view of your financial health Get a quick read on how you’re set up to meet expenses and money goals. To calculate your net worth, take inventory of what you own, as well as your outstanding debt.

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Meet a Reader | Mid-Atlantic Julia

The Frugal Girl

I think I started reading FG regularly in 2018 or 2019. Being frugal allows me to stay at home with our little ones, which was always a goal of mine, and my husband has been very supportive of that. In my 20’s, I finally had a “real” job and wanted to buy a newer car. canned peaches = summer in a jar 2.

Money 195
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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. I remember one morning my husband and I were sitting at the kitchen table contemplating if we should sell one of our cars. Everything changed. It was a scary time for us. What got us through financially?

Debt 130
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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. Our only spending going forward will be for essentials, such as our mortgage, utilities, groceries, our Medi-Share premium , and fuel for the cars. Plus, I was getting antsy for a new car. No car payment = peace of mind.

Budget 246
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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. When that loan was paid off, we put that full amount towards the third loan and this continued until September 2019. In September 2001, we bought a 1700 square foot home with a one-car garage and ONE full bathroom.

Debt 130