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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.

Debt 100
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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.

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Meet a Reader | Mbmom11, in the Midwest

The Frugal Girl

This was a time I had been thinking about not teaching anymore and staying home, so I was looking for new ideas to be thrifty. How did you get interested in saving money? I think I’ve always liked to save money. What’s the “why” behind your money-saving efforts? Why do I want to save money?