Remove College Remove Daughter Remove Debt Remove Travel
article thumbnail

Our 2023 Financial Goals

Family Balance Sheet

That was the year that we made the goal of paying off the last of our non-mortgage debts and we achieved it by September of that year. In 2020, our financial goals were to read, research, and understand both college and retirement planning. …enter 2023 We have not one, but two teenage high school daughters.

article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

How Our Debt Freedom Plan Prepared Us for the Pandemic. And I was pregnant with our youngest daughter, so what should have been a joyous year was quite a stressful one. 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.

Debt 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

My Life Plan

Family Balance Sheet

At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughterscollege education, or a lavish vacation were not on my mind. Our Financial Goals: Pay off our non-mortgage debt. Start saving for college. Pay off our mortgage debt.

article thumbnail

A Goal Without a Plan is Just a Wish

Family Balance Sheet

However a few years ago, we found ourselves with too much debt and not enough cash. Within a year after settlement, we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. We had our daughters later in life and at a crucial time in our lives, I stopped our retirement contribution.

Goals 100
article thumbnail

Our Big Financial Goal for 2016

Family Balance Sheet

As God is my witness, it WILL be the year that we pay off the last of our non-mortgage debt. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan. We have a retirement to plan , our daughterscollege to save for, and many places to visit.

article thumbnail

How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. debts one by one. What inspired you to become debt free?

Debt 100
article thumbnail

Chit Chat: 06.17.18

Family Balance Sheet

Some of my finds: Red ladies’ size 9 red Converse for $2.50 – These retail for about $40 and this pair was hardly worn and will fit my oldest daughter. We want to be debt free. We want to travel to Disney and Hawaii. We want to help pay for our daughterscollege.