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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. So we got to work! Our first storm: 2007. Storm #2: 2013. August 2013 was a month that I’d like to wipe from my memory.

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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. In 2020, our financial goals were to read, research, and understand both college and retirement planning. We used the snowball method to pay off our non-mortgage debts. The Game Plan for 2023: 1.

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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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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Passive income can help you earn more during the good times and tide you over if you suddenly become unemployed , if you voluntarily take time away from work or if inflation keeps chipping away at your purchasing power. It has a ‘get-rich-quick’ appeal… but in the end, it still involves work. You just give the work upfront.”

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