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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

MAY 6, 2020

Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. But in August 2013 , our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages: our home and our business. March 2020 arrived.

Debt 130
Debt Emergency Fund 2007 2020 130
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How We Paid off Six Figures of Debt

Family Balance Sheet

JUNE 22, 2020

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. In 2020, we still use and are thankful for Medi-share. Health Sharing Ministry.

Debt 130
Debt Health Insurance Insurance Budgeting 130
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