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2019 Debt Freedom Plan Update

Family Balance Sheet

2016 & 2017 Update. 1 – 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. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here. 1st Update in June 2014.

Debt 100
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Our 2018 Financial Goals

Family Balance Sheet

I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Read our Health Insurance Story: . 2016 Update.

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How We Paid off Six Figures of Debt

Family Balance Sheet

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. We’re no spring chickens, so in November 2016, we started contributing again to our retirement. Health Sharing Ministry.

Debt 130