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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

The year 2007 held such promise for us when it started, but by the end of the year we were brought to our knees. As self-employed owners of a small business, we have lived through some tough months, but in 2007, it was a tough year. Which comes first: saving for an emergency OR paying off debt?

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

We charted out our course of action to pay off debts and start saving for retirement. We had a very tough year back in 2007. (If you’re married, you MUST do this with your spouse.) Write these dreams down on paper. Years ago, my husband and I sat down and created our life plan. The plan hangs on our refrigerator.