Family Balance Sheet

OCTOBER 18, 2019

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. DONE – 6/1/2014.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Savings Corner

DECEMBER 24, 2023

Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation. A personal loan is money borrowed from a lender that can be used for nearly any purpose.

Debt 52

Debt Credit Cards Credit College Tuition 52

Savings Corner

APRIL 4, 2024

Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. Second, the amount of debt needs to be fairly significant. Credit card balance transfers can be a better option if you’re aiming to pay off less than $10,000.

Home 52

Home Debt Credit Cards Credit 52

Family Balance Sheet

JUNE 22, 2020

After the first year, the new business debt weighed on me. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. Years ago, our cable bill doubled in price.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

JUNE 8, 2018

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

Budgeting Budget Financial Goals Goals 133