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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. 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. What got us through financially? This new business debt weighed on me.

Debt 130
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Create your debt freedom plan

Family Balance Sheet

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. Increase business emergency savings. Prioritize.

Debt 130
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Short on Cash? | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Last year, my October series was 31 Days to Find $1000. Please refer back to the original post for a complete list of daily assignments. Are you short on cash?

Finance 127
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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund. Here are the ins and outs of the whole process – why you need one, how much you should have, how to save for it, where to keep it and what do to (and what not to do) with it.

October 200
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Saving Money Today: A Tree Smashed Through My Roof and I’m Lucky – I can’t believe how lucky I feel that a tree fell through my roof and did $9,000 in damage. Today I’m going to talk about getting those emergency funds going. It can save you time and headache, and maybe even a few bucks too. Some freedom.

November 188
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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

At that time, I couldn’t cash flow the office budget, home budget, our loans, and retirement savings. We will apply half of our debt snowball amount to the home equity loan and it should be paid off by October 2017. Pay off our home equity loan, using the snowball method by October 2017.

Debt 100