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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

We’ve had several instances over the years that have shaped how we viewed and managed our money. How Our Debt Freedom Plan Prepared Us for the Pandemic. Our emergency fund. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund.

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2019 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

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Friday Links – Too Swamped Edition

Prairie Eco-Thrifter

Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. If you’re currently balancing your debt payoff and savings efforts, Canadian Budget Binder highlights the reason why it’s important to get out of debt first before saving.

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Easy Ways to Build Up Your Savings

Prairie Eco-Thrifter

A surprising amount of North Americans are not putting money away consistently for retirement. Many families are toeing the line of slipping into debt, if they aren’t already over their heads. With just one emergency such as a car breaking down or, in the US, a medical bill, many could be in a very precarious position.

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Take Control of Your Money in 2015

Family Balance Sheet

Most of them are related to our small business, my husband’s chiropractic office, but last January I got a bee in my bonnet about debt…thank you, Dave Ramsey. I tricked …nudged my husband into following along and together we wrote out our Debt Freedom Plan. Debt Free Stories. My Themes for 2015: 1.

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

Family Balance Sheet

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. debts one by one. What inspired you to become debt free?

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