Family Balance Sheet

NOVEMBER 5, 2014

We put any extra money that would come in toward our debt. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Make paying off debt a priority. If you’re going to get serious about becoming debt free, you have to make that your first priority.

Debt Free 241

Debt Free Debt Emergency Fund Finance 241

Family Balance Sheet

SEPTEMBER 9, 2014

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

APRIL 9, 2021

The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. Something happens mentally when you WRITE down your goals and plans for execution. We also had some building repairs that we needed to cash flow.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

AUGUST 4, 2014

When Jon and I were married, we acknowledged that high paying careers were not on the docket for us, knowing that we wanted to have both comfortable and generous lives we decided that we would have to be incredibly diligent with our resources. The first step in this diligence was paying off debt.

Debt Free 243

Debt Free Debt Goals Student 243

Prairie Eco-Thrifter

JULY 4, 2011

They are also there working with you to help you reach your goals; even those financial goals. Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. If we put our mind and actions to reaching a goal then we will complete it. Have you ever derailed your goals? Good question.

Personal Finance 240

Personal Finance Finance Family Debt 240

Savings Corner

DECEMBER 24, 2023

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

Debt 52

Debt Credit Cards Credit College Tuition 52

Family Balance Sheet

AUGUST 11, 2016

We charted out our course of action to pay off debts and start saving for retirement. We still refer to it often to remind ourselves of our goals and objectives. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Family Balance Sheet

FEBRUARY 3, 2016

However, since paying off our debt, I have become a much bigger fan of the baby steps laid out by Dave Ramsey and really see the wisdom in paying off debt in that fashion. What are the top 3 – 5 ways you found money to put towards debt. What are the reasons you want to get out of debt?

Debt 100

Debt Debt Free College Finds 100

Family Balance Sheet

MAY 27, 2015

We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt. Since we didn’t have any other debt, we decided to tackle our house as fast as we could.

Debt 100

Debt Debt Free Pay Off Debt Finds 100

Family Balance Sheet

JUNE 22, 2020

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. Financially speaking, he focuses on building the business and I focus on managing our home and finances.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

DECEMBER 10, 2014

The income from my extra jobs went straight to debt payments, and my regular day job paid the bills, while enabling me to build up a small amount of savings. Who initiated the debt free goal? Were there arguments during the time you were working on your debt? What are your financial goals now?

Debt 227

Debt Debt Free Financial Goals Goals 227

Family Balance Sheet

JUNE 2, 2016

In general though, the process of paying off debt has taught me a lot of things, and its a lifestyle I continue to this day. Was there something that you gave up that you will go back to now that you are debt free? What are your financial goals now? Paying off debt and growing savings is a means to an end.

Debt 100

Debt Finds Debt Free Pay Off Debt 100

Family Balance Sheet

APRIL 12, 2016

What are your financial goals now? My next big hairy audacious goal is to buy a home with cash! Saving for retirement – or a version of retirement – is also a goal. Part of the traveling that I want to do is humanitarian-focused – how I can use the wealth I build to help others in the world.

Credit Cards 100

Credit Cards Debt Debt Free Student 100

Family Balance Sheet

JANUARY 7, 2015

If married, who initiated the debt free goal? Were there arguments during the time you were working on your debt? We both were on board with the debt-free goal. I’m not sure who was the first to suggest paying off the house. We quit when we were paying off debt. Hahahahaha!

Debt Free 100

Debt Free Debt Budgeting Budget 100