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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. Everything changed.

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Our Debt Freedom Plan | Marriage & Money

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that they must be seen as one. I’m sharing our plan with you because the direction of our finances has changed. We also have some renovations that we need to cash flow. | Our goal is to have everything funded by the summer.

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How We Paid off Six Figures of Debt

Family Balance Sheet

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. Financially speaking, he focuses on building the business and I focus on managing our home and finances. Also, the monthly mortgage payment was less than our rent payment. What could possibly go wrong?

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Down Payment on a House: How Much Do You Really Need?

Savings Corner

Jumbo loans: As low as 5%-10% down payment (varies) Jumbo loans are home loans that fall outside of the Federal Housing Finance Agency’s conforming loan limits. Offers a generous selection of loans, including government-backed, interest-only, ITIN, jumbo, and renovation loans. Power and Zillow. Don’t forget about closing costs.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

A budget might not change your circumstances, especially if the problem is income, but a budget will help prioritize the funds that are available. A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage.

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