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.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

JANUARY 17, 2018

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. Be Exceptionally Frugal.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

FEBRUARY 2, 2017

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. Save for emergencies.

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Family Balance Sheet

FEBRUARY 10, 2017

The student loan should be paid off by the end of 2018. Projected pay off date December 2018. Build up our Emergency Funds to 3-6 months of expenses. After the home equity loan is paid off, the new debt snowball amount AND the mortgage payment will then be applied to the student loan. So what does this mean?

Debt 100

Debt 2017 Student 2016 100