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

Motherhood Moments

Instead, you may want to check out thrift stores or buy classic, high-quality items that will last longer. Automating your savings towards an emergency fund makes this process easier and less painful. on your credit card. Make smart choices with credit. And this can help you steer clear of debt.

Debt 130
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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.

Debt 130
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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

We paid down mostly student loans, vehicles and business credit card debt ( we already own a home outright ). We still look for bargains and shop at thrift stores. We are almost done with our 3-6 month emergency fund and will begin maxing out our retirement accounts. What inspired you to get debt free?

Debt 100