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How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

Debts still need to be paid, cars will need new parts, homes will need to be repaired, and kids will need braces. My husband’s brain likes to see everything written down on one page, so I developed that first spreadsheet to list all of our accounts and all of our debts. Column D = Target Balance.

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WHY We Want to Be Debt Free

Family Balance Sheet

Why are we jumping through these hoops to be debt free? WHY do we want to be debt free? Yet they’re still the typical kids who want to buy a toy every time we walk into Target. When we wrote our Debt Freedom Plan , I posted it on the refrigerator as a daily reminder for the two of us. “What is debt, mommy?”

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Create a Family Balance Sheet | 31 Days to Organize Your Finances

Family Balance Sheet

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. The balance sheet is not a budget spreadsheet, but instead a full list of all your accounts, both assets and debts. (We’ll How much do you need to save to get to our target?

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. 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. What inspired you to become debt free?

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Free Reusable Target Tote Bags — Savings Blogger

freestuff.tv

When you use a Target reusable bag ten times, you’ll keep 25 plastic bags out of landfills. We want you to live the generous life, simple and debt free. Limit one per guest. Last year, most stores ran out within a few hours. So get yours while supplies last.

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Target Refresh Your Nest Sweepstakes — Savings Blogger

freestuff.tv

We want you to live the generous life, simple and debt free. Prize includes paint, furniture, lighting, furnishings and more, plus $10,000 to help offset taxes on prize (ARV: $50,000). Contest ends 30 April.

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So You’ve Maxed Out Your Emergency Fund – Now What?

Prairie Eco-Thrifter

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). . I remember a few months ago when I hit my $10,000 emergency fund target. Pay Down Debt.