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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

How Our Debt Freedom Plan Prepared Us for the Pandemic. Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. This new business debt weighed on me. Our first storm: 2007. Yep, life was good.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

I love her passion for helping others along their debt free journey. Be sure to check out her website where she is offering a free finance workbook if you subscribe to her newsletter. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? We are debt.

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How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. Also, the monthly mortgage payment was less than our rent payment.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

As I reflect back to January 2016, I started that year pretty determined to pay off the balance of our non-mortgage debts. We had quite a bit of momentum coming out of 2015 and I never doubted our own abilities. Unfortunately, we did not hit that goal and in part, have made some major changes to our Debt Freedom Plan.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. This could be your rent/mortgage, utilities, loan payments, anything that has a due date. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. Sample Budget Calendar.

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