Family Balance Sheet

OCTOBER 18, 2019

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. … cue the Jefferson Starship song, “Nothing’s going to stop us now”… Fast forward to September.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

APRIL 9, 2021

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. But Dave Ramsey’s view of debt is very different. A student loan?

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

AUGUST 4, 2014

We’ll live in a dorm (which fits us perfectly but we know sounds terrible to others) in our own apartment while I (Krista) work in student development providing mentoring/counseling/student discipline to the 150 women in the dorm and Jon will work right across the street as the assistant director of admissions.

Debt Free 243

Debt Free Debt Goals Student 243

Family Balance Sheet

MAY 27, 2015

We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt. And this is just on a mortgage, not including any credit card or student loan debt.

Debt 100

Debt Debt Free Pay Off Debt Finds 100

Family Balance Sheet

FEBRUARY 2, 2017

Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Their 2017 goal is to wipe away $30,000 from their mortgage to keep them on track to pay it off in 36 months. Jessi and her husband paid off her student loans. They also made the commitment to stay away from debt for good.

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Family Balance Sheet

NOVEMBER 19, 2014

How much debt did you pay off? What kind of debt was it? We paid off $68,000 of debt in eight months. The debt included about $30,000 in student loans, some medical debt, IRS debt, and a small amount on a credit card. What inspired you to get debt free?

Debt 245

Debt Debt Free Finance Friends And Family Sale 245

Family Balance Sheet

FEBRUARY 23, 2016

We need to find/earn even more money each month to throw at the debt to make our goal by December 31, 2016. It’s a crazy goal, but I like a challenge and I’m looking forward to our reward when everything is paid off. So I concocted an idea to pay them off early and wrote our Debt Freedom Plan.

Debt 100

Debt Goals 2016 Calculators 100

Family Balance Sheet

SEPTEMBER 29, 2016

worth of debt. We had two student loans that still had balances, even though we’d already been paying on them for 10 years. What are the top 3 – 5 ways you found money to put towards debt. The last piece of advice I would give is to join debt free communities on social media (Instagram, Facebook, YouTube).

Debt 100

Debt Debt Free Budgeting Budget 100

Family Balance Sheet

JUNE 2, 2016

In total I estimate I paid off round $40,000 worth of debt, though depressingly a fair chunk of that was just interest. I left university, as so many do, with a fair chunk of debt. In general though, the process of paying off debt has taught me a lot of things, and its a lifestyle I continue to this day.

Debt 100

Debt Finds Debt Free Pay Off Debt 100

Family Balance Sheet

JUNE 16, 2015

How much debt did you pay off? What kind of debt was it? We paid off $36,000 in student loans, credit cards, cars and a bit of medical debt. What inspired you to get debt free? Was there something that you gave up that you will go back to now that you are debt free? Not really.

Debt 100

Debt Debt Free Finds Goals 100

Family Balance Sheet

JUNE 22, 2020

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. By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. What could possibly go wrong? We said NO a lot.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Prairie Eco-Thrifter

JULY 4, 2011

Ryan from The Financial Student talks about Getting Rid of Student Loans. Some people find themselves buried under student loan debt with little chance of ever paying it off. Pat S from compounding returns asks Pay Off Debt or Invest for The Future ? Music to my ears!!

Personal Finance 240

Personal Finance Finance Family Debt 240

Savings Corner

APRIL 4, 2024

Consolidating high-interest debt: If you’ve been struggling to pay off debts with high costs like credit cards, a home equity loan can make a big difference in the amount of interest you’re paying. However, if you’re considering this route , there are two important caveats.

Home 52

Home Debt Credit Cards Credit 52

Saving Cents With Sense

FEBRUARY 17, 2016

Paying Off Debt. If both of you are entering your marriage with debt, you might have previously been tackling your accounts in the ways that made individual sense. Once your finances are combined, however, you may need to rethink how you handle repaying old debts on things like credit card bills and student loans.

Taxes 40

Taxes Debt Finance Wedding 40

Family Balance Sheet

JUNE 8, 2018

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. During that time, I started to budget for everything. Every aspect of our lives was included in our budget. We got back on track with planning our spending and we were able to breathe again.

Budgeting 133

Budgeting Budget Financial Goals Goals 133

Family Balance Sheet

JANUARY 20, 2017

It took us four years, but we paid off over $80,000 of debt! We are debt. medical bills, a small credit card, both of our cars, and student loans. debts one by one. cars, and finally our student loans. What inspired you to become debt free? you are debt free? free except for our mortgage.

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100