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Create your debt freedom plan

Family Balance Sheet

We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. We agreed that credit card debt wasn’t very smart, but a car loan? But $1000 was not nearly enough money to cover sudden emergencies in both our home and business.

Debt 130
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How We Frugal-ed in June 2023

Family Balance Sheet

I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. Airlines Refund of $400 + $200 credit We flew to Florida in March to visit family. We have already used one of the credits for my daughter’s flight to the Midwest later this summer.

Frugal 100
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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ). Kelvin came along (using airline points) and we lived it up in Vegas for 6 days and drove over to LA to see friends for a day. It wasn’t until the last 2 years that we got serious. Was there a particular event?

Debt 100