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

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How We Frugal-ed in July 2022

Family Balance Sheet

I took advantage of a “welcome back” bonus payout that ended in July, so this average will go down in August. I’m not sure yet if I will continue in August. In the grand scheme of college funding, $200 is a drop in the bucket, but I always appreciate free money. Credit Card Cash Back Redemptions in July: $196.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

However a few years ago, we found ourselves with too much debt and not enough cash. Within a year after settlement, we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. I manage the finances for our business and our family and by August 2013, I felt the weight of the situation.

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Our Big Financial Goal for 2016

Family Balance Sheet

As God is my witness, it WILL be the year that we pay off the last of our non-mortgage debt. It has been my obsession goal since we found ourselves in a dicey situation back in August 2013. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan.

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Why I Don’t Use Credit Card Rewards Programs

Prairie Eco-Thrifter

An August 2013 issue of Daily Finance, in an article entitled Credit Card Debt Falling But Still Very High reported: “According to data from the Federal Reserve, as of July 2013, the average indebted household in the U.S. Many of them have unpaid balances. I undersand the incentive, but don’t think it is worthwhile for us.

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Win $250 For Back-To-School Shopping with CreditSesame.com!

Nicoles Nickels

Even prior to college, students are required to have all sorts of supplies, and that can put a strain on your wallet. Credit Sesame is a 100% FREE personal finance credit and debt management tool with no credit card required or trial period. A random winner will be selected by August 01, 2012. Contest ends July 31, 2012.

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Enter to Win $250 for Back to School + Free Credit Report

For the Mommas

Even prior to college, schools are requiring students to have all sorts of supplies. Credit Sesame is a free online personal finance tool that gives consumers an easy way to monitor and manage their credit and loans all in one place and save money on debt. A random winner will be selected by August 01, 2012.

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