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2019 Debt Freedom Plan Update

Family Balance Sheet

The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. We ran the numbers of the purchase and they looked great on paper, but paper doesn’t account for a new server, a roof leak, unexpected medical bills, and other calamities.

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How We Paid off Six Figures of Debt

Family Balance Sheet

Everything looked great on paper. After the first year, the new business debt weighed on me. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. Living a life focused on paying off debt is not always easy. What could possibly go wrong?

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

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. lined paper. I highly suggest using a separate paper calendar from your normal planner to eliminate any confusion. Set your calendar aside, and grab some lined paper. calculator.

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