Family Balance Sheet

JULY 13, 2016

So I’m thrilled to bring you today’s story, because I actually watched this couple’s debt free scream when it was live on the show. Drew & Farrah’s Debt Free Story. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? Where are you from?

Debt 100

Debt Debt Free Finds Home 100

Family Balance Sheet

SEPTEMBER 29, 2016

I watched her and her husband’s debt free scream on The Dave Ramsey Show. You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. How much debt did you pay off? What kind of debt was it?

Debt 100

Debt Debt Free Budgeting Budget 100

Family Balance Sheet

JANUARY 3, 2012

We talked through some issues and opportunities for our business and our personal, family, and financial goals. Our 2012 Financial Goals. Increase our Monthly Debt Payment. We have set a goal date of July 2015 to pay off all of our debt. We have set a goal date of July 2015 to pay off all of our debt.

Financial Goals 127

Financial Goals Goals 2012 Emergency Fund 127

Prairie Eco-Thrifter

MAY 22, 2011

Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Fortunately, there is no one size fits all plan to debt reduction. The needs, goals and temperament of every household are unique. A simple prerequisite to debt reduction is knowledge. Create a budget.

Debt 157

Debt Recession Unemployment Budgeting 157

Family Balance Sheet

AUGUST 5, 2015

Today’s Debt Free Story is from Jessica. How much debt did you pay off? What kind of debt was it? 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. What inspired you to get debt free?

Debt 100

Debt Debt Free Finds Finance 100

Prairie Eco-Thrifter

AUGUST 12, 2013

Saving up this chunk of change can take a long period of time, especially if you have a high expense to income ratio, which many people do (especially if you’re paying down debt). . Once you’ve reached that goal and have a nice, healthy emergency fund in your bank, what do you do next? Why not save up for a vacation?

Emergency Fund 200

Emergency Fund Debt Goals Money 200

Family Balance Sheet

MARCH 5, 2021

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. This trip was a reward for our years of paying off six figures of debt , and we were going to pack a lot into our week. This money is going towards our summer beach vacation. Yep, I found a $20 bill on a morning run at the beach!

February 257

February Money Airline Flights 257

Family Balance Sheet

JUNE 30, 2015

At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. But once I created our debt freedom plan and outlined the steps we would take to wade through the hardships, I was overcome with relief.

Financial Goals 100

Financial Goals Debt Goals Emergency Fund 100

Family Balance Sheet

DECEMBER 29, 2020

One summer, we didn’t have enough money to cover vacation and some day trips, so we hosted a yard sale to find the extra cash. Financial Goals – Use this spreadsheet to quantify your financial goals for the current year and years to come. Color in the blocks as you hit your goals.

Budgeting 130

Budgeting Budget Family Property Taxes 130

Family Balance Sheet

APRIL 11, 2020

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation. Update our Debt Freedom Plan to reflect lessons learned during this crisis.

Budgeting 246

Budgeting Budget Family Debt 246

Prairie Eco-Thrifter

SEPTEMBER 16, 2013

This can breed short sightedness as you struggle to deal with your debt. We all know how powerful debt snowballing can be, with small amounts adding up over time to pay off a big portion of debt, and the reverse is true with small portions of spending adding up overtime to wreak havoc on your finances. Short-sightedness .

Personal Finance 222

Personal Finance Finance Consumerism Debt 222

Family Balance Sheet

JANUARY 20, 2017

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. A life goal of ours is. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. debts one by one.

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100

Prairie Eco-Thrifter

SEPTEMBER 4, 2011

Many people are still trapped in debts and financial insufficiency due to the wrong formula or mindset they’ve been following ever since they got employed. Set Financial Goals. Think of this: Whether you are an employee or businessman, you have to set goals to be successful. You need to set financial goals to ensure success.

Family 196

Family Financial Goals Debt Goals 196

Savings Corner

DECEMBER 24, 2023

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Here are some of the most common applications.

Debt 52

Debt Credit Cards Credit College Tuition 52

Family Balance Sheet

FEBRUARY 6, 2021

We think we’ll use the money towards summer vacation. I talk a lot about debt freedom and that is still a goal of ours, and our Debt Freedom Plan will be adjusted. And we paid off six figures of business debt before, we will pay off this car loan too. I will write a more detailed post about the process soon.

Finance 130

Finance January Family 2020 130

Family Balance Sheet

MARCH 26, 2021

Please don’t confuse this money with vacation money or new furniture money. Both books provided the blueprint for Our Debt Freedom Plan. Later in his plan, he recommends saving 3-6 months of expenses, but only after paying off the non-mortgage debt. An emergency fund is NOT a spending account.

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

FEBRUARY 19, 2022

Home, auto, kids, dog, medical, vacation, blah blah blah…it all adds up and it all needs to fit into our budget. Implement our Debt Freedom Plan. Once we came to an agreement that paying off our non-mortgage debt was a priority, I put the plan into action. Create our family’s financial goals and Debt Freedom Plan.

Office 130

Office Family Finance Kids and Family 130

Family Balance Sheet

MARCH 4, 2016

Today’s Debt Free Story is a guest post from Chris Peach. We sat down at our kitchen table, took out a simple white piece of paper, and penned out a contract to ourselves: It was our Get Out Debt Contract. We took that contract and we hung it up in our medicine cabinet as a daily reminder of our goals together.

Debt 100

Debt Finds Debt Free Television 100

Prairie Eco-Thrifter

OCTOBER 7, 2014

That last point is a particularly worthwhile goal as worrying about money is a unique brand of distressing. There are lots of great sites, such as this one, that offer great tips on making budgets for all types of people and goals. Get Specific with Goals. You need to flesh out this goal into much more specific ones.

Money 113

Money Goals Budgeting Budget 113

Prairie Eco-Thrifter

OCTOBER 13, 2013

However, if going out to eat with friends or going on all-inclusive vacations is your thing, I’m not one to judge. It’s fair game if you aren’t going into debt over it and if you are still able to put money aside for emergencies, retirement, and to meet your goals. Luckily, none of these hobbies tend to cost very much.

Money 184

Money Cars Car Laptops 184

Family Balance Sheet

JUNE 17, 2018

Our kids spent their first week of summer vacation at the beach with their Girl Scouts troop. The topic came to me when I realized that my husband and I haven’t really talked about our future financial goals in awhile. We talked about our 2018 financial goals back in late December, but we didn’t look past the current year.

Home and Garden 100

Home and Garden Financial Goals Friends And Family Sale Gardening 100

Penny Pinchin' Mom

FEBRUARY 16, 2024

Should you just pretend that you don’t have savings and increase your debt ? It goes: 50% of your salary should go to your expenses and needs 30% should go towards what you want (a new car, a vacation, and all that) 20% should go towards your savings plan So, using this rule, 20% of everything you earn should go toward savings.

Saving Money 52

Saving Money Money Saving Bills 52

Family Balance Sheet

JULY 9, 2015

It’s no secret, I am fascinated, encouraged, and border-line obsessed with debt freedom. The idea of becoming debt free makes me downright giddy. So I love to hear the success stories of others who have found debt freedom. What did they specifically do to become debt free? 10 Smart Ways to Become Debt Free.

Debt Free 100

Debt Free Debt Budgeting Budget 100

Family Balance Sheet

AUGUST 11, 2016

We charted out our course of action to pay off debts and start saving for retirement. We still refer to it often to remind ourselves of our goals and objectives. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Family Balance Sheet

OCTOBER 13, 2014

By the end of the month, my goal is to help you have a detailed financial plan for your family. 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. For more on that, read Our Debt Freedom Plan. Six months? Absolutely!

Emergency Fund 100

Emergency Fund Finance Organic Organization 100

Prairie Eco-Thrifter

MAY 10, 2012

’ Financial Planning Ashley presents Should I Get Married with Debt? Jester presents The Importance of Vacations For Kids posted at The Ultimate Juggle , saying, “This article explains the reasons that we prefer to take destination oriented vacations for the kid’s sake.

Money 113

Money May 2012 Debt 113

Saving With Shellie

JULY 12, 2011

It’s an idea that stretches far beyond a monthly budget or vacation fund. We are challenging America to save $1 billion over the next year and we want you to help us reach that goal. Use it to pay down debt? I will be sharing lots of tip to help you accomplish your savings goal over the next few weeks.

Emergency Fund 67

Emergency Fund Goals Saving Saving Money 67

Prairie Eco-Thrifter

JANUARY 10, 2017

With interest rates so low, why not spend now, using debt, instead of waiting for inflation and higher interest rates to kick in and raise the price of goods and services. Why shouldn’t we take that overseas vacation, buy that luxury condo at the lake, get new clothes every change of season, have that spiffy new car?

Spendthrift 100

Spendthrift Economical Consumer Recession 100

Family Balance Sheet

JUNE 2, 2016

Today’s Debt Free Story is from Richard of Frugality Magazine , where he shares frugal living tips for financial freedom. How much debt did you pay off? What kind of debt was it? In total I estimate I paid off round $40,000 worth of debt, though depressingly a fair chunk of that was just interest.

Debt 100

Debt Finds Debt Free Pay Off Debt 100

Family Balance Sheet

FEBRUARY 11, 2016

Please don’t confuse this money with vacation money or new furniture money. As you know, I am a huge follower of Dave Ramsey and his books, The Total Money Makeover and Financial Peace provided the blueprint for our Our Debt Freedom Plan. When an emergency happens, you use the cash in the fund, instead of your credit card.

Emergency Fund 100

Emergency Fund Building 2007 Credit Cards 100

Prairie Eco-Thrifter

FEBRUARY 18, 2011

I also find that setting goals makes a difference. We have been saving for our vacation to Asia since last year and we have been successful at this. We have more stable careers, we have no debt (other than our mortgage), and we own a home. We wrote down a list of our current expenses, our current goals, and where we are at.

February 113

February Debt Finance Personal Finance 113

Family Balance Sheet

APRIL 2, 2022

Include everything from weekend trips to longer vacations, yard/garden projects, home renovations, kids’ camps, gear and clothing, and any other summer expense you might have. They’re all designed to help you save money, pay off debt, and achieve your financial goals, so please take advantage of them.

Budgeting 130

Budgeting Budget Friends And Family Sale Home and Garden 130

Prairie Eco-Thrifter

JANUARY 7, 2011

We have decided where we are going for our vacation in April- ASIA. Ever since I got married last year, I have done a lot of thinking about the future and the state of our finances and what goals we have as a couple. Reducing Debt. Mrs. Not Made of Money shares her wisdom on how we can cure a hangover, a debt hangover that is.

January 113

January Personal Finance Finance Green And Frugal 113

Prairie Eco-Thrifter

OCTOBER 27, 2011

Shopping over your lunch hour can rack up mounds of debt, simply because impulse shopping involves random purchases of merchandise we have little need for. Set goals and agree to criteria which the plan can be measured against to prove success. Your wallet will thank you for it! The Buddy System. Share your tips here!

Office 198

Office Fuel Work From Home Saving Money 198

Prairie Eco-Thrifter

SEPTEMBER 15, 2014

If you are working at becoming a millionaire, perhaps you dream about the mansion you will buy and the servants you will have, the vacations you will take and the interests you will pursue. Setting goals and reaching them continues to be enriching and satisfying to me. A fulfilled life, to me, is a life of accomplishment.

Money 247

Money Grandchildren Thrifty Job Loss 247

Family Balance Sheet

APRIL 1, 2021

He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Personally, I think a starter fund should be $2000-$3000.

Emergency Fund 130

Emergency Fund Money Finds Friends And Family Sale 130

Penny Pinchin' Mom

FEBRUARY 16, 2024

Pay Down Debt Yes, this is a good way to set yourself up financially. Getting out of debt should make the top three of your financial priorities. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating. Set personal and financial goals for your savings. They can be anything.

Money 52

Money Insurance Debt Bulk 52