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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.

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3 Smart Steps to a Debt Free Christmas

Family Balance Sheet

The average American will spend about $700 on holiday purchases* and unfortunately many people will get a little surprise in the mail in January when the credit card bills start rolling in. 3 Smart Steps to a Debt Free Christmas. If you remember your actual holiday purchases from last year, enter them in the two far right columns.

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Money Matters: New Year's Spending Survey

Motherhood Moments

With the holiday season in full swing and inflation weighing on people’s finances, more than 75% of Americans expect to spend less on New Year’s plans compared to last year and 1 in 3 people are planning to make a finance-related New Year’s resolution for 2023, according to a new WalletHub survey , released today.

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10 Ways to Recover From Christmas Debt

For the Mommas

10 Ways to Recover From Christmas Debt. After the holidays are over, they quickly realize just how much overspending they did. The following tips are meant to help you recover without becoming overwhelmed by your Christmas debt. #1: 1: Accept the Debt. . #1: 1: Accept the Debt. 2: Focus on It. 3: Add It All Up.

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Our 2023 Financial Goals

Family Balance Sheet

My husband and I discussed some ideas over our holiday break. That was the year that we made the goal of paying off the last of our non-mortgage debts and we achieved it by September of that year. <<— Once we paid off our non-mortgage debts in 2019, we started saving some of the debt snowball money for college savings.

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3 Smart Steps to Pay Cash for Christmas

Family Balance Sheet

Americans will spend about $900 on holiday purchases** and unfortunately, many people will get a little surprise in the mail in January when the credit card bills start rolling in. Your first step is to sit down with your spouse and family and brainstorm all of your holiday spending needs. Christmas is coming! Source: Gallup.

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Teaching Kids The Power Of Giving This Holiday Season

Prairie Eco-Thrifter

And there’s no better time than the holidays to pass on this important lesson. But when the holidays roll around, a couple of things happen. Some people put themselves into debt because of this perceived obligation. This way they can actively give (and make room for whatever they get over the holidays, as well).

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