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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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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Both typically allow you to tap up to 80 or 85 percent — even 90 percent — of your home’s value, minus your outstanding mortgage balance. Let’s look more closely at how HELOCs and home equity loans work, and how to determine which would work best for you. Home equity loan: What is it? HELOC: What is it?

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Our 2023 Financial Goals

Family Balance Sheet

We decided on one big audacious financial goal for the year, and it’s a doozy! 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. It was a momentous occasion that was many years in the making. How will we make these goals?