Family Balance Sheet

OCTOBER 6, 2014

Earlier this year, my husband and I wrote a specific list of financial goals and named it Our Debt Freedom Plan. We used Dave Ramsey’s principles from his books, The Total Money Makeover and Financial Peace as a guide to create a step by step plan on how we will achieve our financial goals. Is it to pay off your house?

Financial Goals 113

Financial Goals Goals Finance Organic 113

Family Balance Sheet

APRIL 9, 2021

Pay off all Non-Mortgage Debt. Our non-mortgage debt was in the six figures and included a student loan and business loans. We used Dave Ramsey’s debt snowball method. | We still have a mortgage, so we’re not truly debt-free. Cash flow a FAMILY TRIP TO HAWAII. Paying off debt is not fun.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

FEBRUARY 2, 2017

She and her husband also used a visual motivation chart posted on their refrigerator. Instead of writing, “I want to pay off debt” or “I don’t want to live paycheck to paycheck”, commit to “I want to pay off $X of credit card debt in 201X and I will stop using credit cards from this point forward.”

Financial Goals 100

Financial Goals Goals Debt Budgeting 100