Remove 2019 Remove Building Remove Emergency Fund 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. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. 1 – Save a starter Home Emergency Fund.

Debt 100
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Create your debt freedom plan

Family Balance Sheet

We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. Update: DONE Sept 2019!!

Debt 130
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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. Save a starter Home Emergency Fund. 2017 Update.