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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

We’ve had several instances over the years that have shaped how we viewed and managed our money. 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. This new business debt weighed on me.

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My Word for 2021

Family Balance Sheet

Choosing a word to focus on for the New Year has been very popular over the years. I joined the crowd many years ago only to completely forget about my word by mid-March. I wanted to reduce our non-mortgage debt, my clutter, my distractions, my impact on the environment, and my consumption of sweets. Enter 2021.

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Our 2023 Financial Goals

Family Balance Sheet

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. It was a momentous occasion that was many years in the making. In 2020, our financial goals were to read, research, and understand both college and retirement planning.

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My 2020 Financial Goals & A Recap of 2019

Family Balance Sheet

My word was REDUCE: Non-mortgage debt to zero. There were hits and misses on this list, and many are things that I will continue to work on, but let’s recap: 1 – Reduce non-mortgage debt to zero. We’ve been working since 2013 to pay off a boat load of non-mortgage debt. Moving on to 2020!