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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. 2018 Update.

Debt 100
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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

To refinance a mortgage, you’ll pay between 2 and 5 percent of the loan amount in closing costs, so if you’re refinancing to save money, you’ll need to calculate your break-even point. This type of mortgage allows you to withdraw your home’s equity and receive monthly payments from your lender.