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Our 2018 Financial Goals

Family Balance Sheet

We hit our Annual Household Portion (kind of like a deductible) of $10,000 with Medi-Share in 2017 when our daughter had an unexpected medical condition arise that required multiple tests, 3 surgeries, and medication. This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan.

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. Being self-employed, we have a higher starter fund on hand and when we pay off our non-mortgage debt, we will save to at least 6 months expenses and maybe even more.