Family Balance Sheet
OCTOBER 18, 2019
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. 1st Update in June 2014.
Family Balance Sheet
FEBRUARY 2, 2017
Elle and her husband paid off a car loan and saved cash for their next car. 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. It was already a part of her budget, so she wasn’t missing the funds. (2)
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