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Create your debt freedom plan

Family Balance Sheet

Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Stressed out, we ventured into Dave Ramsey’s online Financial Peace University home course for help. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt.

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2019 Debt Freedom Plan Update

Family Balance Sheet

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.

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Our 2023 Financial Goals

Family Balance Sheet

That was the year that we made the goal of paying off the last of our non-mortgage debts and we achieved it by September of that year. I did read a few books that year on both subjects, but it was not an earth-shattering goal. We used the snowball method to pay off our non-mortgage debts. A few of our debt payoff trackers.

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Meet a Reader | Mbmom11, in the Midwest

The Frugal Girl

Home repairs, construction, electrical, auto repair, technology – he’ll try anything after suitable research of YouTube and other resources. I should have known he was special as he asked for a set of “Time-Life” home repair books when he was in college. He is so talented at DIY.