Family Balance Sheet
MAY 6, 2020
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 reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It kept me up at night.
Family Balance Sheet
APRIL 11, 2020
I have written often about the importance of an emergency fund. We shopped around and test drove several, but I couldn’t shake a feeling of discomfort. After paying off our last non-mortgage debt in September 2019, we updated our Debt Freedom Plan. Being self-employed, we need the security that it offers.
Family Balance Sheet
MAY 21, 2021
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?
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