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Create your debt freedom plan

Family Balance Sheet

After the FPU class, we looked at our debts differently. Our personal finances are so interwoven with our small business finances that we view them as one. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. A guiding light! DONE November 2019.

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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

Source : freepik.com Managing finances can be an incredibly stressful and overwhelming endeavor. Emergencies do happen, so it's essential to have a savings cushion to fall back on when unexpected expenses pop up. Automating your savings towards an emergency fund makes this process easier and less painful.

Debt 130
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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. I have written often about the importance of an emergency fund. Finances after the Pandemic: We went through a rough time back in 2012/2013 and we wrote our Debt Freedom Plan as a result of it. Cash is King.

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Our Debt Freedom Plan | Marriage & Money

Family Balance Sheet

After the FPU class, we looked at our debts differently. Our personal finances are so interwoven with our small business finances that they must be seen as one. I’m sharing our plan with you because the direction of our finances has changed. There is so much we could do with that money other than pay the lender.

Debt 100
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Do You Have an Income Problem? Or a Cash Flow Problem?

Prairie Eco-Thrifter

He’s teaching a couple of classes this summer, but the pay for them is somewhat unpredictable. It’s not the same as when he teaches classes during the “regular” school year and is paid on a set schedule. Timing Matters in Finances. And that can make a difference.

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You CAN Choose Wealth

Prairie Eco-Thrifter

Should you spend the money on that new flat screen and sound bar, or save it for the emergency fund? Educate yourself and your family in personal finance concepts. Consider not only the financial aspects, but the life enjoyment aspects as well. Life really is a journey that you only travel once.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

We were living on one income that placed us just at the top of lower class income level. I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. Who handles the day-to-day finances in your home or do you work on it equally?

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