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2019 Debt Freedom Plan Update

Family Balance Sheet

Updates on our Debt Freedom Plan over the years: Our Original Debt Freedom Plan – written in March 2014. Our 2019 Financial Goal. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. . 4 – Pay off all Non-Mortgage Debt. | DONE September 2019!!!

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Create your debt freedom plan

Family Balance Sheet

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. 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%. But Dave Ramsey’s view of debt is very different. Update: DONE Sept 2019!!

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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. When the smallest loan was paid off, we put that minimum payment towards the next smallest loan.

Debt 130