Family Balance Sheet

AUGUST 4, 2014

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us. What inspired you to get debt free? They blog at 2 Copper Coins.

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Debt Free Debt Goals Student 243

Family Balance Sheet

MARCH 26, 2021

If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. Both books provided the blueprint for Our Debt Freedom Plan. Later in his plan, he recommends saving 3-6 months of expenses, but only after paying off the non-mortgage debt. Your future self will be grateful. .

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

SEPTEMBER 20, 2016

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?

Debt 100

Debt Debt Free Bath and Body Works Gas 100

Prairie Eco-Thrifter

APRIL 25, 2011

Guest Post Author Bio: This guest post was written by Frank Collins, a professional writer specialized in topics related to personal finance, debt relief, credit repair and more. If you are willing to settle your debts on your own, pass through the debt settlement blog for more tips and advice on the topic. How Settlement Works.

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Debt Debt Free DIY Personal Finance 124

Family Balance Sheet

MARCH 19, 2014

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t have credit card debt, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%, so we thought we were doing okay. But Dave Ramsey’s view of debt is very different.

Debt 100

Debt Money Emergency Fund Goals 100

Family Balance Sheet

APRIL 1, 2015

Today’s Debt Free Story is from Brian. He writes at Debt Discipline about about how his family of 5 deals with money, budgets and debt. I started my blog Debt Discipline to help keep us accountable while paying off our debt. How much debt did you pay off? What kind of debt was it?

Debt 100

Debt Credit Cards Debt Free Credit 100

Family Balance Sheet

JANUARY 21, 2015

Today’s debt free story is from Aja. How much debt did you pay off? What kind of debt was it? We paid off about $110K worth of debt. We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ). What inspired you to get debt free? Where are you from?

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Debt Debt Free Las Vegas Finance 100

Family Balance Sheet

AUGUST 21, 2020

Debts still need to be paid, cars will need new parts, homes will need to be repaired, and kids will need braces. My husband’s brain likes to see everything written down on one page, so I developed that first spreadsheet to list all of our accounts and all of our debts. How do your assets stack up against your liabilities/debts?

Family 241

Family Debt Finance Kids and Family 241

Saving Cents With Sense

MAY 8, 2013

But you need to be watchful that it doesn’t take a lot of time to get caught in the debt cycle if you start splurging. Even though there are legal ways to get out of debt , it is better to stay safe than sorry. Read on to know about some smart ways to keep debts at bay and rein in your finances. Frugal debt free'

Debt 101

Debt Credit Cards Debt Free Finance 101

Family Balance Sheet

JANUARY 2, 2021

I wanted to reduce our non-mortgage debt, my clutter, my distractions, my impact on the environment, and my consumption of sweets. We paid off all of our non-mortgage debt in 2019, so we felt we could shift our focus to saving money for other goals, like retirement and college savings. 2019 Debt Freedom Plan Update.

Debt 130

Debt 2020 2019 Financial Goals 130

Motherhood Moments

JANUARY 24, 2023

Pay Off Debts to Be More Attractive to Lenders If you have real debt problems, then another solution is to start paying off what you owe. When you do, consider using the debt snowball strategy , in which you start paying off your debts starting with the smallest accounts first.

Money 130

Money Home Real Estate Warranties 130

Family Balance Sheet

MAY 4, 2021

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Years ago during our Debt Freedom Plan, I avoided using credit cards, not because we had credit card debt, but I was trying to limit our overall spending. Yep, I found a $20 bill while running on the beach!

April 130

April Money Credit Cards Donation 130

Savings Corner

DECEMBER 24, 2023

Debt reduction – How much do you need to pay down and how can you do it? Good budgeting is the “blocking and tackling” of good financial habits, and you can really only build wealth when your spending is below your income. Whichever way you go, this kind of plan helps you get out of the habits that are piling you under debt.

Goals 52

Goals Debt Taxes Insurance 52

Savings Corner

DECEMBER 23, 2023

Repaying any debts Entrepreneurs often shoulder substantial debts, whether a business loan, credit lines or personal obligations incurred during the start-up phase. The proceeds from your life insurance policy can be used to repay these debts, ensuring that your family is not responsible for settling them.

Life Insurance 52

Life Insurance Insurance Debt College Tuition 52

Savings Corner

APRIL 4, 2024

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

Home 52

Home Debt Credit Cards Credit 52

Savings Corner

APRIL 4, 2024

Paying down your mortgage helps build equity in your home, but you don’t have to wait until you completely repay it, or sell the property, to access that equity. You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs.

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Refinancing Work Debt Home Improvement 52

Savings Corner

DECEMBER 27, 2023

The worst-case scenario is that you get a loan without a clear picture of its impact on your monthly cash flow, leading you to take on more debt to make up for it. Consolidation puts all of your debts together under one monthly payment at one interest rate.

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Debt Refinancing San Antonio Rhode Island 52

Family Balance Sheet

MARCH 5, 2021

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. This trip was a reward for our years of paying off six figures of debt , and we were going to pack a lot into our week. Over the years, I have found money through rebates, refunds, online sales, and even the ground.

February 257

February Money Airline Flights 257

Family Balance Sheet

FEBRUARY 11, 2016

As you know, I am a huge follower of Dave Ramsey and his books, The Total Money Makeover and Financial Peace provided the blueprint for our Our Debt Freedom Plan. Later in his plan, he recommends saving 3-6 months salary, but only after paying off the non-mortgage debt. You can read the site’s full disclosure here.

Emergency Fund 100

Emergency Fund Building 2007 Credit Cards 100

Prairie Eco-Thrifter

JANUARY 21, 2016

He thinks most vacations are a waste of money (even though he seems to enjoy and remember fondly the ones we have taken), and doesn’t see the point in consciously building memories with the kids and grandkids by traveling together. The other wants to pay off some student loan debt and would really rather go elsewhere anyway.

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Building Kids and Family Hawaii Son 100

Family Balance Sheet

JUNE 22, 2020

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

DECEMBER 28, 2016

You will learn valuable information from leading personal finance bloggers on topics ranging from budgeting basics, dumping debt, boosting your income, and investing in YOUR future. Toni Husbands of Debt Free Divas. Monday, January 9: 12pm EST: Tips for Tackling Credit Card Debt with LaTisha Styles.

New Year's 100

New Year's Debt Personal Finance Real Estate 100

Prairie Eco-Thrifter

AUGUST 6, 2013

With everything that’s going on right now, we can’t really afford to take on that kind of debt obligation. Are You Prepared to Take on That Debt? In a perfect world, you co-sign on the debt, the borrower makes payments on time, builds a bit of a good credit history, eventually pays off the loan.

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Debt Credit Money At&T 238

Savings Corner

DECEMBER 24, 2023

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. You will also start to repay the money.

Debt 52

Debt Credit Cards Credit College Tuition 52

Prairie Eco-Thrifter

DECEMBER 7, 2014

In the past, most loans (80%) have been for debt consolidation. To be sure, there are risks for borrowers in peer loans but really no more than those risks in other types of debt. Used properly, it can help you build your dream home and reach your financial goals. Borrowers with very good credit can get an APR as low as 6.7%

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Debt Personal Finance Finance Credit 188

Family Balance Sheet

FEBRUARY 2, 2017

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. Meet The Achievers: Deacon and his wife paid off $52,000 in debt in 18 months. His 2017 goal is to make $100,000 in online income.

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Family Balance Sheet

JUNE 4, 2015

However a few years ago, we found ourselves with too much debt and not enough cash. When a building in our town went into foreclosure in 2012, we considered the opportunity to own. We crunched the numbers, spoke with our accountant, and after much deliberation and negotiation, we bought the building that summer.

Goals 100

Goals Debt Renovation Daughter 100

Family Balance Sheet

MARCH 18, 2015

Today’s Debt Free Story is from Ruth. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? What are the top 3 – 5 ways you found money to put towards debt.

Debt Free 100

Debt Free Debt Finds Home and Garden 100

Savings Corner

DECEMBER 27, 2023

To qualify you, lenders look at factors including your credit score, credit report and debt-to-income ratio. Having steady income, low debt, a long credit history and a record of on-time payments will improve your chances of being approved. Borrow money to consolidate debt if it means you’ll get out of debt more quickly.

Debt 40

Debt Home Improvement Consumer Credit 40

Prairie Eco-Thrifter

JULY 11, 2013

Take a peak and see what I read this week: Good Reads From The Blogosphere: Jen from Money Rebound writes about Realistic Ways to Slash Your Student Loan Debt – Such a timely post considering the recent rate changes for federal student loans in the United States! Do you know how to protect yourself if debt collectors are harassing you?

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Fridays Debt Gas Mileage Financial Goals 189

Family Balance Sheet

APRIL 2, 2021

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Over the years, I have found money through rebates, refunds, online sales, and even the ground. Yep, I found a $20 bill while running on the beach! January and February were stellar months with finding money.

March 130

March Money Donation Credit Cards 130

Savings Corner

FEBRUARY 2, 2024

Discover it® Secured Credit Card Our pick for: Secured card Like other secured credit cards for people building or rebuilding credit, the Discover it® Secured Credit Card requires a cash security deposit. Authorized user status can help you build a credit history. The annual fee is $0, it earns 1.5% Read our review. Read our review.

Credit Cards 52

Credit Cards Student Credit College 52

Family Balance Sheet

SEPTEMBER 21, 2015

We carried no credit card debt and we contributed to our retirement. 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. We had a lot of debt, not enough cash flow, and very little set aside for emergencies.

Finance 100

Finance Debt August 2013 100

Family Balance Sheet

JANUARY 11, 2019

We were hoping to have an uneventful 2018 with just usual and routine medical expenses so we could build that health savings account back to $10k. Our 2019 Financial Goal: Our one and only financial goal for the year: Pay off the student loan, our last non-mortgage debt. . Related Reading: Our original Debt Freedom Plan.

Financial Goals 100

Financial Goals Goals 2019 Health Insurance 100

Savings Corner

APRIL 4, 2024

It represents the total debt against the home: both the original mortgage and the size of the new home equity loan or line of credit. Your home equity equals the current value of your home minus your current mortgage debt. However, the extra debt could make your mortgage lender a little nervous.

Calculators 52

Calculators Home Debt Fair-Trade 52

Prairie Eco-Thrifter

JANUARY 10, 2013

Working to build your emergency fund? If you’re currently balancing your debt payoff and savings efforts, Canadian Budget Binder highlights the reason why it’s important to get out of debt first before saving. Are you a current student or someone who’s currently paying off student loan debt?

Emergency Fund 193

Emergency Fund Debt Student Fridays 193

Family Balance Sheet

OCTOBER 16, 2017

The spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. At times over the years, my husband thought our focus was too heavy on the cutting and the reducing of expenses, and and not enough on the building and the increasing of income. What changed? . Change #1.

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Family Financial Goals Debt Calculators 100