Family Balance Sheet

OCTOBER 18, 2019

Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Savings Corner

APRIL 4, 2024

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. Home equity loans drawbacks include putting your home at risk of foreclosure and their lengthy application process. to 10 percent.

Home 52

Home Debt Credit Cards Credit 52

Savings Corner

APRIL 4, 2024

A home equity loan is a secured installment loan that allows you to borrow a set amount against your equity at a fixed interest rate and repayment term. A home equity line of credit (HELOC) is also secured. So, defaulting on the monthly loan payments means the lender could foreclose your home. HELOC: What is it?

Home 52

Home Work Debt Credit 52