Remove 2019 Remove Budget Remove Emergency Fund Remove Thrift Stores
article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We have hit uncertain times and this pandemic has felt like a wall that is unscalable.

Debt 130
article thumbnail

5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

It took us years to pay it all off, but we achieved it in 2019. Being self-employed, we felt we needed more than Dave’s recommended $1000 starter emergency fund that he outlines in his book, so our first step was to save a bit more for our home and office. Did you make a goal to pay off debt this year?

Debt 130
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

If nothing changes, this loan will be paid off by end of 2019, but I’d love to move that up and say adios to this loan! If not, we’ll start saving in 2019. However, we could use a year of extra thriftiness to find any extra funds to accelerate the $10k. Move up the Student Loan Payoff Date. Be Exceptionally Frugal.