Remove College Remove Emergency Fund Remove Home Repair Remove Repairs
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Create your debt freedom plan

Family Balance Sheet

We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. Increase business emergency savings.

Debt 130
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The Danger In Assuming

Prairie Eco-Thrifter

With just a few years separating them from retirement, they were both laid off unexpectedly, the year before I started college. Emergencies happen…to everyone. They can come in the form of a health scare a home repair or otherwise. When it comes to emergencies, it’s not so much a question of if, but rather, when.

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2019 Debt Freedom Plan Update

Family Balance Sheet

We still have a mortgage, however I feel like we can switch gears to be less focused on paying off debt and more focused on saving money, building our net worth and retirement, setting up a plan for college for our girls, and having some fun. 1 – Save a starter Home Emergency Fund. DONE – 6/1/2014. DONE 2015.

Debt 100