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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? A plan B is a must in any home. Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? Your City or County May Have Free Money For You.

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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. 2 – Create your Debt Freedom Plan. Paying off debt is not fun, in fact, it sucks!

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Cool Things I Read This Week

Prairie Eco-Thrifter

Reader Asks About Selling Home to Pay Off Debt – [link] I agree. Selling your home will not fix your money management issues. #. Prairie Eco-Thrifter has Been Featured in the Carnival of Personal Finance # 297 [link] #. RT @ Green_Panda Handling Your Finances – What is Being Frugal?

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Debt Consolidation Calculator | Bankrate

Savings Corner

Try adjusting the terms, loan types or rate until you find a debt consolidation plan that fits your goals and budget. Debt consolidation is the process of combining several debts into one new loan. The goal is to streamline payments, lower interest, and pay off debt more quickly.

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What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

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Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

We sold the majority of our possessions and now our family of 5 lives in a two bedroom apartment in the city as opposed to our much, much larger home in the suburbs. What inspired you to get debt free? We save and try to manage our finances, but do so with an openness to give money away as well. Was there a particular event?

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

Other than the student loans, everything else was consumer debt from 13 years of trying to “keep up with the Jones’ “ We finally managed to get the debt paid off two years and two weeks from the time we started this journey. What inspired you to become debt free? Shop with a list, and not just for food.

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