article thumbnail

Create your debt freedom plan

Family Balance Sheet

Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. Debt is Dumb and Cash is King.”. “…and

Debt 130
article thumbnail

Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. A friend referred me and by the end of January, I made $591. I referred my husband and he made $240 , but he started much later in the month. I put down half the money and financed the other half. On one side, it could go down as a very resourceful month.

Finance 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Ways to Spring Clean Your Finances

Family Balance Sheet

I’m going to be spending the next few weeks giving my family’s finances a good spring cleaning. 7 Ways to Spring Clean Your Finances. T – time-based, tangible, In 2019, we paid off six figures of non-mortgage debts. Related Reading : How We Paid off Six Figures of Debt. Review your Yearly Goals.

Finance 130
article thumbnail

Q&A | focus, blogging for money, and prepping for a split

The Frugal Girl

I feel I will never get rid of my credit card debt and I am so disappointed in myself that I let the balances get so high. If I were in your shoes, I would focus more on the process and on good habits , rather than on the ultimate goal of being free of credit card debt. I always knew exactly what was going on with the finances.

Money 203
article thumbnail

Create a Family Balance Sheet | 31 Days to Organize Your Finances

Family Balance Sheet

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. Please refer back to the original post for a complete list of daily assignments. Column E = Monthly debt payment.

Finance 178
article thumbnail

Create a Plan to Eliminate Your Debt | 31 Days to Organize Your Finances

Family Balance Sheet

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. Please refer back to the original post for a complete list of daily assignments. To us, debt was a necessary evil.

Debt 100
article thumbnail

How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

Need a quick snapshot of your finances? I’m a firm believer that finances must be organized and neat, and a Family Balance Sheet helps you keep track of your finances in one tidy spreadsheet. Debts still need to be paid, cars will need new parts, homes will need to be repaired, and kids will need braces.

Family 241