Family Balance Sheet

MAY 21, 2021

Our journey to debt freedom started back in 2013 when we found ourselves saddled with business and student loans. Being self-employed, we felt we needed more than Dave’s recommended $1000 starter emergency fund that he outlines in his book, so our first step was to save a bit more for our home and office.

Debt 130

Debt Goals Debt Free Pay Off Debt 130

Family Balance Sheet

JANUARY 3, 2012

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. Currently, we have about 3 months salary saved, but we are self-employed and should have a six month security net. This might take us 2 years to achieve. Save for a Walt Disney World Vacation.

Financial Goals 127

Financial Goals Goals 2012 Emergency Fund 127

Family Balance Sheet

JANUARY 26, 2016

It has been my obsession goal since we found ourselves in a dicey situation back in August 2013. That was the month I didn’t know if we had enough funds to cover our expenses. Between 2013 – 2015, we whittled that down and as of today we have just two loans left. I wouldn’t wish that feeling on my worst enemy.

Financial Goals 100

Financial Goals Goals 2016 Debt 100

Prairie Eco-Thrifter

OCTOBER 21, 2012

” Investor Junkie from Investor Junkie presents Quicken 2013 Review – Now with Mobile Access Support , and says, “Quite a few items were improved in the Quicken 2013 edition. Specifically, how important emergency fund planning was for a couple with a veterinary emergency at their home.”

Personal Finance 219

Personal Finance Finance Debt Money 219

Family Balance Sheet

FEBRUARY 2, 2017

They took it one step at a time though, first by building up emergency funds as quickly as possible, then by paying off the credit cards and committing to no new debt. We’ve been paying off non-mortgage debts since 2013. Save for emergencies. Read: How to Build your Emergency Fund.

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Prairie Eco-Thrifter

MAY 6, 2016

It caught me by surprise that the stocks/mutual funds in which I invested while in the 401K could not be transferred in kind to my IRA. Unfortunately, I was doing this from 2010 through 2013, part of the longest bull run we’ve had in the US recently. So, I was buying my shares at ever increasing prices!

401K 100

401K Money Emergency Fund Goals 100

Family Balance Sheet

JANUARY 17, 2018

Our Debt Freedom Plan (an update): In 2013, we found ourselves with a lot of debt and not enough cash flow. Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. Our Debt Freedom Plan (2013). 2017 Update.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Prairie Eco-Thrifter

MAY 26, 2016

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. The FDIC shows the US national average payout for savings accounts less than $100,000 is.06%.

Money 124

Money Saving Money Lowes Grandchildren 124

Family Balance Sheet

JANUARY 1, 2015

In 2013, The Christmas Savings Club encouraged all of us to save monthly so that we could have a cash Christmas. How to Build a Starter Emergency Fund in 30 Days or Less | Jackie Beck @ The Debt Myth. I aim to publish two interviews a month and usually on Wednesdays. Choose Thrift First Challenge.

2015 100

2015 Money Debt Home and Garden 100

Family Balance Sheet

FEBRUARY 4, 2015

In January 2013 there was a blog post on Keeper of the Home that first awakened me to the concept of living debt free. I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. Read more about Shannon’s debt free journey.

Debt Free 100

Debt Free Debt Financial Goals Budgeting 100

Family Balance Sheet

FEBRUARY 10, 2017

Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband. And to be honest, we don’t regret it one bit, but things changed rather quickly in 2013 and we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. The minimum payment is 2.5

Debt 100

Debt 2017 Student 2016 100

Family Balance Sheet

JUNE 22, 2020

By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. 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

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

AUGUST 11, 2014

The company I had worked at for 12 years when I started my journey in January 2013, announced it would be making significant job cuts summer 2013. I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects. Was there a particular event? What are your financial goals now?

Debt Free 235

Debt Free Debt Mom Goals 235