Remove Budgeting Remove Property Taxes Remove Renovation Remove Rent
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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. As much as I wanted to be a property owner, the extra debt was beginning to suffocate us.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. We have revised our budget and we will get through this storm. How I’m Managing our Family Budget During the Pandemic.

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

Family Balance Sheet

During that time, I started to budget for everything. Every aspect of our lives was included in our budget. When people hear the word budget, they think “restriction” and “no fun”, but honestly that couldn’t be further from the truth. Another way to think of a budget is a spending plan.

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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. Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Also, the monthly mortgage payment was less than our rent payment.

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