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2019 Debt Freedom Plan Update

Family Balance Sheet

2016 & 2017 Update. 2018 Update. 1 – Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here.

Debt 100
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Our 2018 Financial Goals

Family Balance Sheet

Did you make 2018 financial goals ? Our 2 Main Financial Goals for 2018: 1 – Finish the will. We’d like to start saving for it in 2018, if possible. The Guidelines for 2018: 1. However, we could use a year of extra thriftiness to find any extra funds to accelerate the $10k. 2016 Update.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

She hit that goal in September 2016. They took it one step at a time though, first by building up emergency funds as quickly as possible, then by paying off the credit cards and committing to no new debt. The notes consisted of business loans and my husband’s student loan and we are projecting to be done in 2018.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

As I reflect back to January 2016, I started that year pretty determined to pay off the balance of our non-mortgage debts. And we were on a roll in January 2016. However, we have one non-mortgage loan left, the behemoth student loan that I was hoping to pay off in 2016. Oh, and I turned 47 and my husband turned 55 in 2016.

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