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2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt.

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Create your debt freedom plan

Family Balance Sheet

Marriage and money don’t always align, but if one spouse is working towards debt freedom while the other spouse is racking up the credit cards, you’ll be on a treadmill that will never stop. Related Reading: WHY We Wanted to be Debt Free. If you’ve created your balance sheet, you now have a list of all your debts.

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