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Create your debt freedom plan

Family Balance Sheet

After the FPU class, we looked at our debts differently. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business. How to Build your Emergency Fund.

Debt 130
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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

Emergencies do happen, so it's essential to have a savings cushion to fall back on when unexpected expenses pop up. Automating your savings towards an emergency fund makes this process easier and less painful. Save for a rainy day. Diversify your investments. This can help protect your money against market downturns.

Debt 130
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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep. A local yoga studio is offering online classes. My second prayer is that my family gets through this crisis financially.

Budgeting 246
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Do You Have an Income Problem? Or a Cash Flow Problem?

Prairie Eco-Thrifter

He’s teaching a couple of classes this summer, but the pay for them is somewhat unpredictable. It’s not the same as when he teaches classes during the “regular” school year and is paid on a set schedule. Its cost is much lower than the standard overdraft protection , which can add up fast, and cost quite a bit.

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Our Debt Freedom Plan | Marriage & Money

Family Balance Sheet

After the FPU class, we looked at our debts differently. Save $$$ Home Emergency Fund – Dave suggests to start at $1000, but being self-employed, ours is much higher, but it is not quite 3-6 months of expenses. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses.

Debt 100
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Earn $50 in Cash FREE from ING

Saving With Shellie

We have quite a few: Checking, Savings, Vacation Account, Business Account, Baby J’s savings account, New Car Fund, Emergency Fund. Plus request a Saving with Shellie Coupon Class in your area! It’s free to open them and easy to manage. Happy Earning! HOT DEAL: Have you see the freebie from No More Rack ?

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Earn $50 in Cash FREE from ING

Saving With Shellie

We have quite a few: Checking, Savings, Vacation Account, Business Account, Baby J’s savings account, New Car Fund, Emergency Fund. Plus request a Saving with Shellie Coupon Class in your area! It’s free to open them and easy to manage. Happy Earning!