Motherhood Moments

JANUARY 18, 2023

Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. An emergency fund is vital regardless of the larger economic climate. Prepare by paying off debt.

Recession 100

Recession Finance Emergency Fund Debt 100

Family Balance Sheet

FEBRUARY 3, 2016

How much debt did you pay off? What kind of debt was it? We paid off $7,665 worth of credit cards, school loans and a car loan. We started paying it off when we got married and became debt free just shy of our second anniversary. What inspired you to become debt free?

Debt 100

Debt Debt Free College Finds 100

Family Balance Sheet

JUNE 8, 2018

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. During that time, I started to budget for everything.

Budgeting 133

Budgeting Budget Financial Goals Goals 133

Family Balance Sheet

SEPTEMBER 29, 2016

I’m a Grade 7 teacher and my husband is a Mac Tools distributor. We had two student loans that still had balances, even though we’d already been paying on them for 10 years. We also had four credit cards, two lines of credit, and a car loan. We are currently working towards fully funding our emergency fund.

Debt 100

Debt Debt Free Budgeting Budget 100