Remove Baby Remove Emergency Fund Remove Health Insurance Remove Saving Money
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How We Paid off Six Figures of Debt

Family Balance Sheet

Overwhelmed with everything, I wrote our first Debt Freedom Plan based on Dave Ramey’s 7 Baby Step strategy but tailored to our lifestyle. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund.

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Our 2018 Financial Goals

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2 – Save $10k in a savings account, specifically earmarked for medical expenses. I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. Read our Health Insurance Story: . What We Left Traditional Health Insurance.

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Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

Family Balance Sheet

I followed Dave Ramsey’s baby steps and did the Financial Peace University class twice, once at home last spring and I enrolled again at church this past spring to stay focused. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Since it’s a lifetime membership.

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