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Our 2023 Financial Goals

Family Balance Sheet

Did you make 2023 financial goals ? We decided on one big audacious financial goal for the year, and it’s a doozy! 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.

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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’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. I decided to use Dave Ramsey’s 7 Baby Steps as a guide and I wrote our first Debt Freedom Plan. Storm #2: 2013.

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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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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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How We’re Using Upromise to Save for College

Family Balance Sheet

Hello, 2020. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. In January of 2020, I was gung-ho about saving for college, however, I had no idea what was about to happen. My Upromise strategy will help with our goal.

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Our Family Finances Update: January 2021

Family Balance Sheet

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. But by the end of 2020, I started looking again for a pre-owned vehicle. And we paid off six figures of business debt before, we will pay off this car loan too.

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