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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. Yep, life was good.

Debt 130
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2012 Financial Goals

Family Balance Sheet

We are still working through some numbers and there might be some adjustments in the timelines we have given ourselves, but these are our financial priorities for 2012. Our 2012 Financial Goals. Increase Family Emergency Fund to Six Months Salary. We want to go to Walt Disney World in the fall of 2012 or spring of 2013.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. Finances after the Pandemic: We went through a rough time back in 2012/2013 and we wrote our Debt Freedom Plan as a result of it. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep.

Budgeting 246
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Money Talks Coaching: Finding Your Emergency Fund – I hear you saying “I know emergency funds are important, but how am I supposed to save money when I can’t even pay my bills?” Today I’m going to talk about getting those emergency funds going. – Thankful for any and all advice!

November 188
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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

Danielle from Saving Without A Budget shares 5 Smart Investing Tips for 2012. Specifically, how important emergency fund planning was for a couple with a veterinary emergency at their home.” ” Thank you for reading this week’s edition of COPF. What you learn is how not to live your life.

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How We Paid off Six Figures of Debt

Family Balance Sheet

How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund.

Debt 130
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Is Travelling Overrated?

Prairie Eco-Thrifter

One of my personal goals in 2012 is to travel more. Okay, congratulations on that, but have you fully funded your emergency fund? Your future self will thank you. They’ve really experienced life, since they’ve eaten shredded monkey meat in some some obscure part of Turkmenistan. No related posts.

Travel 226