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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. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. DONE – 6/1/2014. DONE 2015.

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20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. You can save thousands a year with a smaller house and smaller mortgage. Again, you can save thousands with a smaller car that is less expensive and more fuel efficient. Rent instead of own. Save money by preparing your own meals.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Control Your Cash from Control Your Cash boldly says Your Smart Car Isn’t Saving the World. Anon from Gen Y Capitalist tells Why It’s Better to Travel NOW Rather Than Save For Later. Some people find themselves buried under student loan debt with little chance of ever paying it off. He’s right.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

What are your top 3 – 5 tips for saving money/pinching pennies to put. towards paying off your debt. When I make a weekly meal plan, it saves us money because. Not to mention all the money we save. and plan meals based off of that. each check into a savings account. you are debt free?

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How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Also, the monthly mortgage payment was less than our rent payment. When I first heard Dave Ramsey talk about holding off on retirement contributions, I shrugged it off. We said NO a lot.

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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

I could barely afford my $600 rent payment, which was in a horrible neighborhood. The income from my extra jobs went straight to debt payments, and my regular day job paid the bills, while enabling me to build up a small amount of savings. Saving up money for what I really wanted was a big lesson, and one I still stick to.

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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. This could be your rent/mortgage, utilities, loan payments, anything that has a due date. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs.

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