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What are YOUR Financial Goals? | 31 Days to Organize Your Finances

Family Balance Sheet

Is it to pay off your house? Pay cash for a trip to Hawaii or your kids’ education. Or maybe you want to pay off (and cut up) your credit cards. Too often we only think about goals in January, but today we’re going to work on new financial goals. S – specific.

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Create your debt freedom plan

Family Balance Sheet

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.

Debt 130
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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Chris and his wife made a financial goal to switch to an all cash lifestyle, instead of relying on credit cards. Their 2017 goal is to wipe away $30,000 from their mortgage to keep them on track to pay it off in 36 months.