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2019 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

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Our Debt Freedom Plan | Marriage & Money

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 have credit card debt, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%, so we thought we were doing okay. But Dave Ramsey’s view of debt is very different.

Debt 100
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My #SavingsPledge Goal

Saving With Shellie

I encouraged you to build an emergency fund or pay down debt with your savings. Deidre at Cuckoo for Coupon Deals is pledging to be Debt Free in Three Years. Ruth of Living Well, Spending Less is pledging to save $100 per week in order to renovate her backyard after the destruction of Hurricane Charlie.

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