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Create your debt freedom plan

Family Balance Sheet

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

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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 spent the next few years building our savings back up to the level we had prior to 2007. 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. Our first storm: 2007.

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My Word for 2021

Family Balance Sheet

I wanted to reduce our non-mortgage debt, my clutter, my distractions, my impact on the environment, and my consumption of sweets. After 2019, I had a lot of hope for finding a word for 2020 but struggled to find one that was meaningful to me. Read: My 2020 Financial Goals. I read more in 2020 than I have in years.

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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. Both books provided the blueprint for Our Debt Freedom Plan. need to redirect this link.

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Where I found money in February

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. In January 2020, we booked round-trip flights to Paris for the four of us. This trip was a reward for our years of paying off six figures of debt , and we were going to pack a lot into our week. Whew, got all of that!

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Where we found money in March 2021

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. We’ve had an Aflac Accident plan for many years and have never needed it until the fall of 2020 when we used it twice. Over the years, I have found money through rebates, refunds, online sales, and even the ground.

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Where I found EXTRA Money in May 2021

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. My beautiful petunias in 2020. I made quite a bit more from the 4th quarter of 2020 where I do most of my Christmas shopping. Over the years, I have found money through rebates, refunds, online sales, and even the ground.

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