Remove Buy Remove Debt Remove Renovation Remove Travel
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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

How Our Debt Freedom Plan Prepared Us for the Pandemic. We’d survived the dip in 2007, carried no credit card debt, and we were contributing to our retirement. This new business debt weighed on me. I decided to use Dave Ramsey’s 7 Baby Steps as a guide and I wrote our first Debt Freedom Plan.

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A Goal Without a Plan is Just a Wish

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However a few years ago, we found ourselves with too much debt and not enough cash. Our business was doing well and it seemed like the right time for us to buy. The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. Unfortunately things changed rather quickly.

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Start Planning and Budgeting for Summer TODAY!

Family Balance Sheet

Include everything from weekend trips to longer vacations, yard/garden projects, home renovations, kids’ camps, gear and clothing, and any other summer expense you might have. Find a free court, borrow or buy rackets and balls, and go play some tennis. Family Travel Destinations: U.S. Hit the tennis courts. National Parks.

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Our 2018 Financial Goals

Family Balance Sheet

This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. We bought a used pop-up several years ago and it was one of the best decisions for our family We absolutely adore camping, and we’d like to upgrade to a travel trailer. I’ll apply that money to the debt.