Family Balance Sheet
APRIL 9, 2021
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. Number 4 was knocked out in 2019.
Family Balance Sheet
APRIL 11, 2020
I have written often about the importance of an emergency fund. I remembered that I have a french press (still in the box) sitting in my cupboard. Emergency Savings = Last Resort. After paying off our last non-mortgage debt in September 2019, we updated our Debt Freedom Plan. I have been using it ever since.
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