Remove Debt Remove Financial Goals Remove Home Repair Remove Saving Money
article thumbnail

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.

Debt 100
article thumbnail

Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

To refinance a mortgage, you’ll pay between 2 and 5 percent of the loan amount in closing costs, so if you’re refinancing to save money, you’ll need to calculate your break-even point. Cash-out refinance Caret Down When you do a cash-out refinance , you use your home equity to withdraw cash to spend.