Remove Budgeting Remove Debt Remove Emergency Fund Remove January
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25 Ways to Find Money for Your Emergency Fund

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Our emergency fund has saved us countless times and it will save us once again with the truck. If you can’t answer with the word, CASH , then please, set yourself up for success and build an emergency fund. Follow these three action steps and the list of ideas below to find the cash for your fund.

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Create your debt freedom plan

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Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. Debt is Dumb and Cash is King.”. “…and

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How our Debt Freedom Plan Prepared Us for the Pandemic

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For many households, their finances and budgets are in limbo. How Our Debt Freedom Plan Prepared Us for the Pandemic. 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. Our first storm: 2007.

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How I’m Managing our Family Budget during the Pandemic

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I have written often about the importance of an emergency fund. How I’m managing our family budget during the Pandemic: We pay ourselves at the beginning of each month, so when this crisis started in mid-March, we were covered for the month. Budget items we are temporarily stopping for now: EVERYTHING ELSE!

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Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

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Welcome to Debt Free Stories. She paid off $41,587 in debt in 14 months! I have enjoyed belly dancing and pilates the last several years, but time and budget reduced from my schedule. How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? Where are you from?

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Our 2017 Debt Freedom Plan Update

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As I reflect back to January 2016, I started that year pretty determined to pay off the balance of our non-mortgage debts. And we were on a roll in January 2016. Unfortunately, we did not hit that goal and in part, have made some major changes to our Debt Freedom Plan. Our extra funds went towards our cash flow.

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Our 2018 Financial Goals

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I have started calling around for fees and hope to have this complete by end of January. This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. I’ll apply that money to the debt. 2 – Save $10k in a savings account, specifically earmarked for medical expenses.