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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. It kept me up at night.

Debt 130
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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. An Update on Medi-Share – September 2017. My husband drives a 2012 Nissan that we bought used in 2017 to replace a 2001 Honda Civic.

Debt 130