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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.

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. Look over your current budget. We had financial advisors look over our budget and make suggestions about what we could cut. How often do you and your spouse discuss your finances/budget/spending?

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Each month when they do their budget, they update their chart. Once the goals are set, they focus on one step at a time and communicating regularly. If your big dream requires money, start saving, begin to budget, and direct your money in a way that you will be ready for opportunity when it comes up. goals to get us there.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

strict budget. emergency fund, so we started throwing what little extra we had straight. We committed to using a cash budget, and we talked daily at. and using all of our extra funds, like bonuses from work and tax returns, we were able to pay everything off in 4 years! 1 – Set a budget. towards debt.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Invest it Wisely: Steve Jobs: Entrepreneur and Capitalist Extraordinaire On Wednesday, the world lost a great entrepreneur and capitalist, a man whose creativity and genius sparked an entire industry and changed the face of computing and communication forever. Personal Finance Whiz : What Is An Emergency Fund?

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! The first thing we did was to review our spending and create a budget. Once we did our budget, we found that we could put all of that money that once disappeared towards our debt.

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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

I am a big believer in communicating. Danielle from Saving Without A Budget shares 5 Smart Investing Tips for 2012. Matt from Budget SNOB presents Personal Finance Advice That Takes Only Minutes To Read, But Will Help For Years To Come. They aren’t concerned about the latest deal, craze or freebie. ” J.P.