article thumbnail

Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us. What inspired you to get debt free? They blog at 2 Copper Coins.

Debt Free 243
article thumbnail

How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?

Debt 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

Second, if I didn’t have it converted, the tax bill each year will be horrendous for them, because it would be now and I sure don’t see tax rates going down with the national debt being 15+ TRILLION dollars. That money has to come from somewhere and unfortunately we all just keep kicking it down the road to my grandchildren.

Converse 176
article thumbnail

Leveraging Business Loans In Family-Owned Enterprises

Koupon Karen

Cash Flow And Debt Management: Such loans can also ensure smooth operations during cash flow challenges and consolidate high-interest debts, simplifying management and potentially saving money. Conversely, for ongoing expenses, a line of credit provides flexible access to funds.

Family 52
article thumbnail

5 Lessons Learned When Our Finances Went Awry

Family Balance Sheet

We carried no credit card debt and we contributed to our retirement. We had a lot of debt, not enough cash flow, and very little set aside for emergencies. One of the hardest conversations I have had with my husband was when I told him that I didn’t know how we would pay our bills that month. Yep, life was good.

Finance 100
article thumbnail

Should You Save Or Invest Your Money?

Prairie Eco-Thrifter

In this article we will look at the pros and cons of saving and investing, as well as reducing debt, as a means of gaining financial security. Conversely, the price may have dropped and you can only sell them for less than you paid for them. What About Debt? A dollar saved, as they say, is a dollar earned. What Should You Do? .

Money 189
article thumbnail

How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. Meet The Achievers: Deacon and his wife paid off $52,000 in debt in 18 months. His 2017 goal is to make $100,000 in online income.