Remove Bills Remove Family Remove Pay Off Debt Remove Rent
article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

We ran the numbers of the purchase and they looked great on paper, but paper doesn’t account for a new server, a roof leak, unexpected medical bills, and other calamities. 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
article thumbnail

How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

She is the co-founder of the website, Little Light on a Hill , where she writes about faith, family, and finances. I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. Tell us about you and your family. to be able to go on a family missions trip.

Debt 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. One where you spend time with your family, have great conversations, read and get outside to do things that are fun and healthy. Rent instead of own. And if you rent, save money and then invest the difference. Plan a movie or game night.

article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Also, the monthly mortgage payment was less than our rent payment. When we started our Debt Freedom Plan, our kids were 8 & 6 and I worked hard to keep our grocery bill about $400-500 a month.

Debt 130
article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. To get started, gather the following: pencil.

Budgeting 133
article thumbnail

Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

Today’s Debt Free Story is from Carrie. Tell us about you and your family. I could barely afford my $600 rent payment, which was in a horrible neighborhood. The income from my extra jobs went straight to debt payments, and my regular day job paid the bills, while enabling me to build up a small amount of savings.

Debt 227