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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. The year 2007 held such promise for us when it started, but by the end of the year, we were brought to our knees. What got us through financially? I still use my spreadsheet to this day! This new business debt weighed on me. Our first storm: 2007.

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Our Family Finances Update: January 2021

Family Balance Sheet

We think we’ll use the money towards summer vacation. We would have used this sectional in our basement, but it’s too big to get through the basement door. This money gets sent automatically to the 529 accounts we set up for our girls in 2020. I started searching and test drove a pre-owned Highlander in January 2020.

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Net Worth Defined: What Is My Net Worth?

Savings Corner

Find your net worth by using our net worth calculator. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. On the other hand, even people with modest incomes can accumulate significant wealth and a high net worth if they buy appreciating assets and are prudent savers. Net worth of U.S.

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What Is Financial Planning? | Bankrate

Savings Corner

Debt reduction – How much do you need to pay down and how can you do it? Debt reduction If you’ve piled on too much debt, a financial plan can help you devise a way to get out from under it. Whichever way you go, this kind of plan helps you get out of the habits that are piling you under debt.

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How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

For example, language teachers and stock-picking advice may use this model. You’ll need to be an expert on a specific topic, but the topic could be niche and use some special skills or abilities that very few offer but that many readers need. You’ll have to really know the market so that you’re not buying at a price that’s too high.

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