Remove 2017 Remove Eating Out Remove Emergency Fund Remove Thankful
article thumbnail

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. It kept me up at night.

Debt 130
article thumbnail

Our Big Financial Goal for 2016

Family Balance Sheet

That was the month I didn’t know if we had enough funds to cover our expenses. We have some home projects that we need to do and we have already set aside the funds. We will cut back, but it is unrealistic for me to say we won’t eat out at all this year. I wouldn’t wish that feeling on my worst enemy.

article thumbnail

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. An Update on Medi-Share – September 2017. In 2020, we still use and are thankful for Medi-share. We LOVE to go out to dinner!

Debt 130