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Create your debt freedom plan

Family Balance Sheet

Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. Debt is Dumb and Cash is King.”. “…and

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2019 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

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4 Reasons to Graduate Debt-Free

Prairie Eco-Thrifter

Each and every year, tuition costs for colleges and universities across North America increase. Students now more than ever are graduating into a life of student loan payments, debt, and economic uncertainty. Here are some great reasons why you should try to graduate without debt: Job Freedom. Debt is a Waste of Money.

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Do the Rich Use Debt Differently?

Prairie Eco-Thrifter

It was nearly impossible to figure out exactly how the program would work for each query, because, as Bonnie Baker (the engaging and energetic DB2 speaker) used to put it “It depends” Likewise with understanding whether the rich use debt differently than the rest of us… it depends. It depends on how the debt is managed.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Our business has definitely been affected with no end in sight. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We just finished paying off our non-mortgage debts and now we were considering taking out a car loan.

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Meet a Reader | JenRR from the Midwest

The Frugal Girl

I’m 47, married, and living amongst the cornfields in a college town in the Midwest U.S. As our family and household income grew, my husband and I made it a goal to put more money aside for emergencies, retirement, college, home improvements, etc. I live in a fairly transient town with lots of college students. helping out 7.

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Friday Links – Spring Is In The Air

Prairie Eco-Thrifter

I have been burning the candle and more than two ends these days and the rest is definitely a requirement to my self sustainability. I have lots to get done beforehand so I am not exactly counting the days until we leave, but the thought of chilling out is definitely on my mind. I cannot wait, as you can imagine.

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