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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

I remember one morning my husband and I were sitting at the kitchen table contemplating if we should sell one of our cars. It was a scary time for us. What got us through financially? I still use my spreadsheet to this day! Our emergency fund. It was during this time that I created my first Family Balance Sheet.

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How We Paid off Six Figures of Debt

Family Balance Sheet

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. We’re STILL here! We drive older cars.

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How To Get A Personal Loan In 8 Steps

Savings Corner

Key takeaways Determine how much you need before you apply to avoid requesting more money after you’re approved or borrowing more than you need. Compare options from multiple personal loan lenders before applying to make sure you’re getting a competitive interest rate and fee structure.

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