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

Prairie Eco-Thrifter

JULY 9, 2013

I learned that doing a good job builds trust from others and trust in myself. They had low paying jobs and huge debt loads. Credit card debt has put both of my parents through hell. His lesson learned: “Avoid credit card debt. Credit card debt is bad. Just don’t do it.

Used 228

Used Parenting Credit Cards Debt 228

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

MARCH 18, 2015

Today’s Debt Free Story is from Ruth. I’ve always been a total brown thumb but I am determined to finally figure out how to grow things. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? 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

Prairie Eco-Thrifter

JANUARY 15, 2013

They have enough money to qualify for the debt required to meet their ideas of how their lives should look. I’m going to write that again: They have enough money to qualify for the debt required to meet their ideas of how their lives should look. Their so-called wealth is actually debt. What do you think?

Debt 274

Debt Wedding Money Financial Goals 274

Family Balance Sheet

FEBRUARY 19, 2022

Today at age 50+, I still optimize our cash flow, but my focus is shifting towards saving with our daughters’ future education costs, building our net worth, and planning for our retirement years. Implement our Debt Freedom Plan. His primary focus is growing and maintaining his business.

Office 130

Office Family Finance Kids and Family 130

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.

Family 100

Family Financial Goals Debt Calculators 100

Savings Corner

DECEMBER 23, 2023

In addition to a death benefit, permanent life insurance policies also have a cash value component that grows over time. You want to build cash value: Permanent life insurance policies build cash value over time, which can be a valuable asset for a variety of purposes. Why Switch to Permanent Life Insurance?

Life Insurance 52

Life Insurance Insurance College Tuition Fitness 52

Family Balance Sheet

FEBRUARY 20, 2013

Dave Ramsey is a financial coach, best-selling author, and speaker whose message of “cash is king and debt is dumb” is unrelenting. The book is designed to help you design a plan for paying off your debts and saving for a secure future. It is also full of the inspiring testimonies of ordinary people who have become debt-free.

Money 147

Money Podcasts Debt Finance 147

Prairie Eco-Thrifter

MAY 26, 2016

Instead of saving, we could take some bigger risks to try to grow our money. But, with each of the above, you lose the use of that money and often have little chance of even getting it back, let alone making it grow. We could take on debt to grow using other people’s money. Investing requires financial backing.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

JULY 4, 2011

Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. How about you?

Personal Finance 240

Personal Finance Finance Family Debt 240

Prairie Eco-Thrifter

JULY 30, 2012

This simple scenario shows that small things can build to significant gains. Eliminate Debt Everyone has debts. It is usually debts that cause the most financial problems. Getting your debts paid off, or under control, is a good saving strategy because it’s saving you dead money which we call interest.

Debt 202

Debt Budgeting Budget Finance 202

Family Balance Sheet

DECEMBER 10, 2014

Today’s Debt Free Story is from Carrie. How much debt did you pay off? What kind of debt was it? After my first marriage fell apart, I ended up with over $14,000 of consumer debt, made up of a car loan and credit cards. What inspired you to get debt free? Tell us about you and your family. Where are you from?

Debt 227

Debt Debt Free Financial Goals Goals 227

Prairie Eco-Thrifter

AUGUST 21, 2014

This not only gave me the benefit of going to college without student loans, it also gave me a chance to build up my transferrable skills to better know what I wanted to do with my career and be more equipped and employable during and after I graduated from post secondary school.

Travel 165

Travel Graduation College Full Time 165

Penny Pinchin' Mom

DECEMBER 17, 2023

Start small; trust me, you will go bigger once you see the amount growing. Term life insurance: These insurance benefits can help with household income replacement, debt coverage, educational expenses, funeral and final expenses, and estate planning. Make it automatic and let it go into a separate account.

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Family Balance Sheet

JUNE 2, 2016

Today’s Debt Free Story is from Richard of Frugality Magazine , where he shares frugal living tips for financial freedom. So whether that’s hiking across the beautiful Sussex Downs, growing my own vegetables or taking my binoculars out for a spot of bird watching I rarely spend much time indoors. What kind of debt was it?

Debt 100

Debt Finds Debt Free Pay Off Debt 100

Family Balance Sheet

FEBRUARY 3, 2016

Today’s Debt Free Story is from Charissa. How much debt did you pay off? What kind of debt was it? We started paying it off when we got married and became debt free just shy of our second anniversary. What inspired you to become debt free? They didn’t like debt, and as I grew up, neither did I.

Debt 100

Debt Debt Free College Finds 100

Prairie Eco-Thrifter

MAY 1, 2012

So, build your bridge; plan to be financially secure, whatever that means to you. She got rid of her credit card debt using this.” When I found a new way, I bought a small treat and then put the rest into my growing savings account. Just like nothing happens without a dream, nothing happens without a plan.

Money 211

Money Debt Debt Free Cooking At Home 211

Prairie Eco-Thrifter

JULY 13, 2015

I hope to show you how to use debt wisely. There are lots of ways to get into to debt. High interest credit card debt can really drag you down, yet you might want to take out a business loan to start up a really great business idea. You need to understand what multiple income steams are and how to go about building them.

Personal Finance 100

Personal Finance Finance Debt Money 100

Savings Corner

APRIL 4, 2024

Building a portfolio that has at least some less-risky assets can be useful in helping you ride out volatility in the market. There are high-yield corporate bonds that are low rate, low quality,” says Cheryl Krueger, founder of Growing Fortunes Financial Partners in Schaumburg, Illinois. “I

April 52

April Lowes CD Bank 52

Prairie Eco-Thrifter

FEBRUARY 4, 2011

Punch Debt in the Face tells us why no spend challenges are for wussies. We also grow our own herbs just like the suggest. Currently we have basil, cilantro, rosemary, thyme, chives, and parsley growing at our place. Moolanomy asks if the cost of building green is worthwhile? Reducing Debt. He has a point.

January 113

January February Debt Personal Finance 113

Prairie Eco-Thrifter

DECEMBER 8, 2013

This is because the money is protected in the tax deferred (or tax free) account and it can build significantly over time. If you have been shucking money into your IRA religiously and it has been growing, it can be a pretty big kitty. Lets say you accumulated a couple of million in your IRA and it is there at the time of your death.

Converse 176

Converse Taxes Grandkids Money 176

The Frugal Girl

FEBRUARY 26, 2024

I never really figured out what I want to be when I grow up so I’ve done a lot of different things. I was always in debt, which has been a tremendous source of shame for me. This way she can take advantage of compound interest and build a solid reserve, which should give her a nice boost starting out. I’m 52.

Daughter 130

Daughter Green And Frugal Money Grandmother 130

Prairie Eco-Thrifter

SEPTEMBER 28, 2014

Many families are toeing the line of slipping into debt, if they aren’t already over their heads. Four years after I started this, I’m now putting $650 from each pay period into my savings account, but that’s due to increased earnings; if you can increase it by a small amount maybe every quarter, you’ll see your savings grow.

Building 225

Building Emergency Fund Money Savings Account 225

Family Balance Sheet

JANUARY 17, 2018

This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. You can only cut so much from a budget, so to increase our cash flow, we’ll need to earn extra income by growing our small business and growing my blog. I’ll apply that money to the debt. 2017 Update.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Prairie Eco-Thrifter

AUGUST 17, 2017

” You don’t, after all, want to spend 4 years sinking into credit card debt and then have to dig your way out while trying to start your career. Pay your bills on time when trying to build credit history. Too often, individuals wait to read these terms after getting the card if at all. Failure to seek new experiences.

College 133

College Graduation Used Points 133

Savings Corner

DECEMBER 25, 2023

With passive income, you can have money coming in even as you pursue your primary job, or if you’re able to build up a solid stream of passive income, you might want to kick back a little. Tresidder says you must build a strong platform, market your products and plan for more products if you want to be successful.

Money 52

Money Making Real Estate Rent 52

Family Balance Sheet

MAY 27, 2015

Today’s Debt Free Story is from Olivia. We are both planners and despise wasting money on debt/interest, which is what led us to pay off our mortgage as soon as we could! How much debt did you pay off? What kind of debt was it? We paid off a total of $118,000 debt. What inspired you to get debt free?

Debt 100

Debt Debt Free Pay Off Debt Finds 100

Prairie Eco-Thrifter

NOVEMBER 5, 2012

You must control your debt. You must persist in living below your means to stay out of debt and save. You may be building your own business. Meanwhile you are putting in long hours, continuing education, research and etc to grow it to a sell-able entity. You can’t spend more than you earn. Persistence.

Making 229

Making Real Estate Garage Sale Debt 229

The Frugal Girl

NOVEMBER 20, 2023

Growing up we tended to be a paycheck-to-paycheck family. My younger son and I have been volunteering there lately and the need seems to be growing more and more. I think I could have gotten discouraged in my 20’s when I was chipping away at student loan debt and a car loan and in my 30’s when I had two kids in day care.

Iowa 169

Iowa Friends And Family Sale Boys Son 169

The Frugal Girl

FEBRUARY 5, 2024

I also do not want her to have to take out so many loans and other things that I felt like I had to do to build my life. The weight of debt can be so heavy mentally in addition to the direct effects of it. Second, coming from poverty, I am so grateful to be able to help my family when they need things.

Virginia 186

Virginia Kids and Family Library Frugal 186

Prairie Eco-Thrifter

JUNE 18, 2021

Retirement has become an uncertain landscape for many families as they’ve watched economic markets shift and debt grow while financial burdens wreak havoc. But even if you’re in your later years and retirement feels only a few years away, there are actions you can take to plan for yourself and your family.

Insurance 100

Insurance Re-use Delivery Service Family 100

The Frugal Girl

MARCH 4, 2024

When my brother and I were growing up, our parents didn’t have much discretionary income. We lived off my salary and banked Alan’s even before we were married so that we could build our own house (literally), paying cash as we went. I read every post, but don’t comment often – usually some of you have already made my point for me.

Green And Frugal 181

Green And Frugal Kids and Family Hotel Frugal 181

The Frugal Girl

NOVEMBER 6, 2023

Growing up in a large family, we had enough, but with the specter of inflation and bad job market (gotta love the 70’s and 80’s) , there was definitely a feeling of needing to make sure you had a cushion. (I He got his roofing urges out when he build our garage last year though!) In my area, housing is cheap.

Kids and Family 190

Kids and Family Money Home and Garden Frugal 190

Prairie Eco-Thrifter

MAY 8, 2011

I did this yeas ago when I was in debt and it made paying off the debt a reality. Tax Debt Help presents Savers Tax Credit: Get Rewarded for Retirement. Growing you own food is a healthy, money saving trend that is being embraced by many city dwellers – young and old. Why not use your dividends to pay your expenses?

Saving Money 232

Saving Money Money Credit Cards Insurance 232

Prairie Eco-Thrifter

JANUARY 14, 2012

The Debt Princess: The Kool-Aid Effect: The Relationship Between the Poor & Nutrition – A look into how the working poor are eating unhealthy. Debt consolidation loans help minimize the payment you have to pay, which was a huge help back when I was a broke college graduate. My student loans stand at approximately $22,550.

Credit Cards 220

Credit Cards Credit Finance Personal Finance 220

Savings Corner

DECEMBER 27, 2023

When done responsibly, investing is a great way to grow your money. Common term lengths are one, three and five years, so if you’re trying to safely grow your money for a specific purpose within a predetermined time frame, CDs could be a good option. But this couldn’t be further from the truth. a home down payment or a wedding).

Real Estate 52

Real Estate Bank Banking Money 52