Family Balance Sheet
NOVEMBER 5, 2014
Was there a particular event? Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. Meet with a financial advisor. Our goal is to meet with experts and ask them for advice. For us, we have weekly staff meetings with each other.
Prairie Eco-Thrifter
JANUARY 30, 2013
In some cases, you might experience a financial emergency at the same time that you experience a natural disaster. While you can never be completely prepared for the toll an emergency takes on you, it is possible to limit the harm done by an unexpected turn of events. Physical Emergency Preparedness.
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Family Balance Sheet
SEPTEMBER 9, 2014
Was there a particular event? 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. I think I even announced it during a meeting at work. Get creative.
Family Balance Sheet
JANUARY 21, 2015
Was there a particular event? We are almost done with our 3-6 month emergency fund and will begin maxing out our retirement accounts. We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ). It took use about 10 years because we didn’t get serious until the 11th hour.
Family Balance Sheet
JANUARY 20, 2017
Meet Krystal. Was there a particular event? working full time at a low-paying job and going to grad school full time, while my husband was working multiple jobs just to help us make ends meet. emergency fund, so we started throwing what little extra we had straight. First, we will save our six-month emergency fund.
Family Balance Sheet
SEPTEMBER 29, 2016
Meet Angela. Was there a particular event? Jeff was able to get on with the city on an on-call basis to help set up and tear down equipment for local events and concerts. We are currently working towards fully funding our emergency fund. What inspired you to become debt free?
Family Balance Sheet
FEBRUARY 4, 2015
Was there a particular event? I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. By the grace of God, it took us just under 9 months to pay it off. Read more about Shannon’s debt free journey.
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