Family Balance Sheet

OCTOBER 18, 2019

Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

APRIL 9, 2021

Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. Debt is Dumb and Cash is King.”. “…and

Debt 130

Debt Emergency Fund 2019 Debt Free 130

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. <<— Once we paid off our non-mortgage debts in 2019, we started saving some of the debt snowball money for college savings.

Financial Goals 130

Financial Goals Goals Debt College 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 just finished paying off our non-mortgage debts and now we were considering taking out a car loan. Update our Debt Freedom Plan to reflect lessons learned during this crisis.

Budgeting 246

Budgeting Budget Family Debt 246

Family Balance Sheet

FEBRUARY 6, 2021

This money gets sent automatically to the 529 accounts we set up for our girls in 2020. 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. Yes, you read that correctly!

Finance 130

Finance January Family 2020 130

The Frugal Girl

DECEMBER 11, 2023

How long have you been reading The Frugal Girl? I think I started reading FG regularly in 2018 or 2019. and realized we should pay off this debt as quickly as possible. The post Meet a Reader | Mid-Atlantic Julia appeared first on The Frugal Girl. canned peaches = summer in a jar 2. 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