Remove Family Remove Home Repair Remove Money Remove Pay Off Debt
article thumbnail

Create your debt freedom plan

Family Balance Sheet

Yet after listening to Dave’s approach, I knew I didn’t want to be anybody’s slave and if I was being honest with myself, the total amount of debt payments we made every month was ridiculous. There were a lot more fun and purposeful things we could have done with that money than pay the lender. DONE November 2019.

Debt 130
article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. When that loan was paid off, we put that full amount towards the third loan and this continued until September 2019.

Debt 100
article thumbnail

What Is A Home Equity Loan?

Savings Corner

A home equity loan is a type of second mortgage secured by the equity in your home. It offers a set amount at a fixed interest rate, so it’s best for borrowers who know exactly how much money they need. Because your home is the collateral for the loan, the amount you’ll be able to borrow is related to its current market value.

Home 52