Family Balance Sheet

OCTOBER 6, 2014

Welcome to 31 Days to Organize Your Finances. We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Is it to pay off your house? Pay cash for a trip to Hawaii or your kids’ education.

Financial Goals 113

Financial Goals Goals Finance Organic 113

Savings Corner

DECEMBER 24, 2023

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms.

Debt 52

Debt Credit Cards Credit College Tuition 52

Family Balance Sheet

APRIL 9, 2021

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. At that time, we didn’t consider all debt to be dumb. Brain dump!

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

AUGUST 11, 2016

” Her comment was echoed by another (in real life) conversation I was having with a different friend who is sending a child off to college this fall. The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition. This leaves not much left to save for retirement.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Savings Corner

APRIL 4, 2024

While the forecast doesn’t call for massive savings — for HE loans, anyway — any reduction in borrowing costs saves prospective borrowers some cash, and encourages them to turn to this financing tool. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt.

Home 52

Home Debt Credit Cards Credit 52

Savings Corner

APRIL 4, 2024

To find out whether your business can afford a loan, many lenders will use something called a debt service coverage ratio (DSCR). Bank relationship Relationships can make a big difference in managing your business finances and getting a loan. You want to use business profits to make repayments on the loan. Some lenders require both.

Bank 40

Bank Banking Credit Finance 40

Prairie Eco-Thrifter

JANUARY 6, 2011

This savings can be directly applied towards your smaller debts such as credit and store cards in order to clear them more quickly. Trying to manage your finances and prioritize on paying off debt is impossible if you don’t keep a proper track of your income and outgoing’s.

Debt 113

Debt Finance Pay Off Debt Credit 113