The goal of the financial timeline is to plan for future major purchases. I define a major purchase as any item costing more than $1000. My financial timeline focuses on purchases to be made in the next 5 years. I create a list of items that I plan to purchase. I am careful to consider items that might need replacing,…
Month: July 2010
Living Debt Free – Part 2
I have decided to do a series of posts, ten in all, exploring the concept of living debt free. This is the second post in that series. Click here to read Living Debt Free – Part 1. Planning For Future Major Purchases If we are going to live debt free, we have to have a solid plan for making future…
Living Debt Free – Part 1
I have decided to do a series of posts, ten in all, exploring the concept of living debt free. This is the first post in that series. Defining Debt Free Let’s assume that I take my daughter to the doctor. I schedule an appointment, my daughter sees the physician, I give my insurance card information to the doctor’s office manager,…