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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. receipts, statements, all upcoming bills, and any other history of your spending.

Budget 133
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A Goal Without a Plan is Just a Wish

Family Balance Sheet

After renting an office for 12 years, we had nothing to show for it and the space was starting to feel a bit cramped. The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. However a few years ago, we found ourselves with too much debt and not enough cash.

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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. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan.

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5 Lessons Learned When Our Finances Went Awry

Family Balance Sheet

Our small business was going well and we said so long to renting office space and purchased a commercial property. But in August 2013, our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages, our home and our business. Yep, life was good.

Finance 100
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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. 3 – Cash flow necessary business expenses and renovations. I menu planned consistently to keep our grocery bills under control. DONE – 6/1/2014.

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How to Make Good Financial Decisions

Prairie Eco-Thrifter

As an extreme example, a book I just finished reading – Family Fortunes by Will and Bill Bonner – suggests that folks who want to hold onto their fortunes for 100 years should only make a major financial decision once every 5 years! What To Consider When Deciding To Buy a Home Should You Invest In Renovations Or Purchase A New Home?

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Legit Ways to Make Money for Christmas

Saving Everyday

He has stayed busy for three months now and has done everything from installing ceiling fans to fixing toilets to renovating a townhome. Rent a room in your house. Lower Your Electric Bill. After years of me encouraging (nagging) him to do it, he finally let me post on my Instagram stories, and the responses were incredible!

Money 52