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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. Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. Our first storm: 2007.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

The PA governor has shut down all non-essential businesses indefinitely and we’ve now been ordered to stay at home unless traveling to essential jobs, needed supplies, or outdoor exercise as long as we practice social distancing. We just finished paying off our non-mortgage debts and now we were considering taking out a car loan.

Budgeting 246
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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. As much as I wanted to be a property owner, the extra debt was beginning to suffocate us.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

The photos included with this post are mainly from our travel adventures. I learned from the best, but I believe that a personal finance course should be a requirement for both high school and college graduation. One is travel; the other is outdoor gear and equipment. How long have you been reading The Frugal Girl? Go figure.