Remove 2012 Remove Emergency Fund Remove Financial Goals Remove Motivation
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2019 Debt Freedom Plan Update

Family Balance Sheet

The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. Our 2019 Financial Goal. We can now move on to other financial goals. 1 – Save a starter Home Emergency Fund. We were trying to be responsible.

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Update #1: Our Debt Freedom Plan

Family Balance Sheet

Our plan is going to take us several years and I think celebrating will motivate us when the going gets long and tough. Today I am proud to say that we have completed our second step : Increase business emergency savings to a specific number. It happened in 2006 and again in late 2012 to early 2013. Let us know in the comments.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

Unfortunately, we did not hit that goal and in part, have made some major changes to our Debt Freedom Plan. Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband. Build up our Emergency Funds to 3-6 months of expenses. Start college funds for both girls.

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