Family Balance Sheet

APRIL 9, 2021

Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. Debt is Dumb and Cash is King.”. “…and

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Prairie Eco-Thrifter

AUGUST 12, 2013

Personal financiers will frequently advise that you have an emergency fund of 3-6 months of expenses in your bank account at all times. Saving up this chunk of change can take a long period of time, especially if you have a high expense to income ratio, which many people do (especially if you’re paying down debt). .

Emergency Fund 200

Emergency Fund Debt Goals Money 200

Motherhood Moments

JANUARY 18, 2023

Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. An emergency fund is vital regardless of the larger economic climate. Prepare by paying off debt. Prepare for the unexpected.

Recession 100

Recession Finance Emergency Fund Debt 100

Family Balance Sheet

AUGUST 11, 2016

The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition. We charted out our course of action to pay off debts and start saving for retirement. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Family Balance Sheet

JUNE 30, 2015

At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. Our Financial Goals: Pay off our non-mortgage debt. Increase our emergency fund to 6 months of expenses.

Financial Goals 100

Financial Goals Debt Goals Emergency Fund 100

Saving Cents With Sense

MAY 26, 2014

Creating a short-term budget and long-term financial plan can not only help you get out of debt once and for all, but they can also guide you to economic independence and prosperity. Most people want to get out of debt, while others want to save for their children’s college educations or a new home. Create Milestones.

Emergency Fund 71

Emergency Fund Goals 2008 Debt 71

Family Balance Sheet

JANUARY 3, 2012

Increase our Monthly Debt Payment. We have set a goal date of July 2015 to pay off all of our debt. Increase Family Emergency Fund to Six Months Salary. Our oldest daughter is in Kindergarten and we have not started to save for her higher education. Finish Will. No more excuses. Just get it done!

Financial Goals 127

Financial Goals Goals 2012 Emergency Fund 127