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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

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 reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It kept me up at night.

Debt 130
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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

I am a big believer in communicating. ” Robert from My Multiple Incomes presents 5 Tips on How to Be a Better Negotiator , and says, “Not every store and place allows haggling and negotiating on their prices, but trying to negotiate won’t hurt either. They aren’t concerned about the latest deal, craze or freebie.

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

Family Balance Sheet

emergency fund, so we started throwing what little extra we had straight. I only go to the store once a week. Communicating well and communicating often has made talking about. First, we will save our six-month emergency fund. Did you follow a particular debt freedom plan or book, such as Dave.

Debt 100
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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

Meal plan and cook from scratch – I’ll do a weekly meal plan and then only go to the grocery store once. Not visiting the mall or my favorite stores has saved me a ton of money since I’m not tempted to purchase items that I didn’t even know I “needed” 7. Shop with a list, and not just for food.

Debt 100
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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

Grocery shopping wisely – We shop at affordable stores, shop the ads/sales, and menu plan. Constant communication is so important. Make sure to have an emergency fund so you’re not put back into debt when something comes up. I talk a lot about this in my post “Top 4 Ways to Pay Off Debt” but they include: 1.

Debt 100