article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt. From what we learned in the course, we wrote our Debt Freedom Plan. We loosely based our plan on Dave Ramsey’s 7 Baby Steps, but modified them to address our needs and lifestyle.

Debt 100
article thumbnail

Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? We did follow Dave Ramsey’s 7 Baby Steps to becoming debt free. We skipped Baby Step #5 (college funding) because we didn’t have kids at the time. We purposefully waited to have kids (4 years) until we felt financially sound.

Debt 100