Remove Debt Remove Goals Remove Health Remove Pay Off Debt
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

Find out how Jessica & Her Husband Paid off $175,000 of Debt

Family Balance Sheet

Today’s Debt Free Story is from Jessica. How much debt did you pay off? What kind of debt was it? Total, we paid off $175K in 2 years!! 130K in mortgage debt. 10K in car payments, $35K in credit card debt. We made the decision to tackle our debt back at our home church in Chattanooga.

Debt 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Average Personal Loan Interest Rates

Savings Corner

Personal loans are becoming more popular among people looking to consolidate debt and find lower interest rates than credit cards. Your debt-to-income ratio helps lenders determine how much debt you already have compared to your income. According to a Bankrate study, the average personal loan interest rate is 12.10

Debt 52
article thumbnail

Are You Making These Five Retirement Planning Mistakes?

Prairie Eco-Thrifter

Unfortunately, that often means that you won’t reach your retirement goals. You might also make tweaks depending on changing fundamentals, and shifting goals. Yes, you might pay off debt and have fewer of those types of obligations. And don’t forget health care costs.

Making 201
article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. After the first year, the new business debt weighed on me. Our non-mortgage loans totaled over six figures.

Debt 130
article thumbnail

Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

They are also there working with you to help you reach your goals; even those financial goals. Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. If we put our mind and actions to reaching a goal then we will complete it. Families are our rock, our support system, and our fans.