Family Balance Sheet
MAY 21, 2021
Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. Our journey to debt freedom started back in 2013 when we found ourselves saddled with business and student loans.
Family Balance Sheet
MAY 6, 2020
How Our Debt Freedom Plan Prepared Us for the Pandemic. And I was pregnant with our youngest daughter, so what should have been a joyous year was quite a stressful one. 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.
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Family Balance Sheet
JANUARY 20, 2023
The last time we wrote numbers-driven financial goals was 2019. That was the year that we made the goal of paying off the last of our non-mortgage debts and we achieved it by September of that year. …enter 2023 We have not one, but two teenage high school daughters. We have a number that we want to save for each daughter.
Family Balance Sheet
MARCH 11, 2021
T – time-based, tangible, In 2019, we paid off six figures of non-mortgage debts. Each January during that time, we would set a goal to pay off a certain dollar amount, and by January 1, 2019, we could see the end in sight and were able to pay off the final loan in September 2019.
Family Balance Sheet
FEBRUARY 6, 2021
We received a $300 reimbursement from our Aflac supplemental policy for an injury my daughter sustained at volleyball in the fall. 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 earned $150 from our Upromise Mastercard.
Family Balance Sheet
JANUARY 8, 2020
However, 2019 was the first year that I found a word that I could stand by. I adored my word and everything about what I was trying to achieve for 2019. By the end of 2019, I achieved one major bullet point and the others will continue to be a work in progress. My word was REDUCE: Non-mortgage debt to zero.
Family Balance Sheet
JANUARY 17, 2018
We hit our Annual Household Portion (kind of like a deductible) of $10,000 with Medi-Share in 2017 when our daughter had an unexpected medical condition arise that required multiple tests, 3 surgeries, and medication. This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan.
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