Remove Baby Remove Buy Remove Property Taxes Remove Renovation
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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

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. Yep, life was good.

Debt 130
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How We Paid off Six Figures of Debt

Family Balance Sheet

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. Overwhelmed with everything, I wrote our first Debt Freedom Plan based on Dave Ramey’s 7 Baby Step strategy but tailored to our lifestyle. We buy reliable vehicle brands that are built to drive for many many years.

Debt 130