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. Credit Card Cash Back Redemptions in April: $439.62. 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.

April 130

April Money Credit Cards Donation 130

Family Balance Sheet

APRIL 12, 2016

Tell us about yourself. I am used to moving a lot! How much debt did you pay off? What kind of debt was it? I had $56,000 of debt when I decided to become debt free. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. Where are you from?

Credit Cards 100

Credit Cards Debt Debt Free Student 100

Family Balance Sheet

JUNE 8, 2018

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. We have been using this system ever since.

Budgeting 133

Budgeting Budget Financial Goals Goals 133

Family Balance Sheet

FEBRUARY 2, 2017

Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Chris and his wife made a financial goal to switch to an all cash lifestyle, instead of relying on credit cards. Their 2017 goal is to wipe away $30,000 from their mortgage to keep them on track to pay it off in 36 months.

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Family Balance Sheet

SEPTEMBER 29, 2016

We’re typical Canadians that spend most of our free time in the fall and winter months inside arenas. We had two student loans that still had balances, even though we’d already been paying on them for 10 years. We also had four credit cards, two lines of credit, and a car loan.

Debt 100

Debt Debt Free Budgeting Budget 100

Family Balance Sheet

DECEMBER 10, 2014

Yep, we’re newlyweds and eloped together in December 2013. 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. How long did it take you?

Debt 227

Debt Debt Free Financial Goals Goals 227

Family Balance Sheet

JUNE 2, 2016

Of course, the British climate isn’t always kind, but I’m pleased to say the weather recently has been glorious and I’ve been making full use of it! At the same time my credit card debt was slowly creeping upward too thanks to my minimal income. Initially it all seemed fine. Are those jeans worth it?

Debt 100

Debt Finds Debt Free Pay Off Debt 100