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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

That inspired me to be intentional with my finances and to follow Dave’s six steps. Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. Look over your current budget. Meet with a financial advisor. We try to discuss finances once a week.

Debt Free 241
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How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. Lack of An Emergency Fund .

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Friday Links – Too Swamped Edition

Prairie Eco-Thrifter

Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. If you’re currently balancing your debt payoff and savings efforts, Canadian Budget Binder highlights the reason why it’s important to get out of debt first before saving. Finalizing your 2013 goals?

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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

She writes about family, finances and faith at her blog, Principles of Increase. Finally, we took the dive by making a budget and starting our debt snowball. The budget is key. More diligence with finances brought in more income producing opportunities for us. So I work the budget and spreadsheets. I am the nerd.

Debt 100
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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. Building an emergency fund also helps enormously. Who handles the day-to-day finances in your home or do you work on it equally? Get creative. Ask for help.

Debt 236
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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

After reading Dave Ramsey’s book, The Total Money Makeover , I realized that we were spreading ourselves too thin and our finances were not as great as I thought they were. What do you value most in life, and what are you ok with temporarily cutting out of your budget? It’s in excel so you can modify it to meet your needs.

Debt 130
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How Much Car Can I Afford?

Savings Corner

Determining affordability requires balancing your vehicle needs and budget. How to determine how much car you can afford To set a budget for your vehicle, start by deciding what you can comfortably pay each month. For some buyers, financing a vehicle may make sense when balanced as a part of their larger financial picture.

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