Debt Emergency Fund Money Renovation 
Family Balance Sheet
MAY 6, 2020
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.
Family Balance Sheet
OCTOBER 18, 2019
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Family Balance Sheet
MARCH 19, 2014
Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t have credit card debt, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%, so we thought we were doing okay. But Dave Ramsey’s view of debt is very different.
Family Balance Sheet
JUNE 11, 2014
Back in March I wrote about my family’s Debt Freedom Plan. Our current savings is not at a true emergency fund level of 3-6 months, but further down our plan, we will save up to that level. We also have some renovations and equipment that cannot wait and we need to cash flow. Financial Freedom Marriage and Money'
Family Balance Sheet
JUNE 22, 2020
It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.
Saving With Shellie
JULY 22, 2011
I’ve also taken other measures to save money like turning up the thermostat and limiting my driving to essential trips. I encouraged you to build an emergency fund or pay down debt with your savings. My goal is to save as much money as I can this fall. So far I’m up to $39.12 Happy Saving!
Family Balance Sheet
JANUARY 17, 2018
This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. We will control our money, rather than our money controlling us. Apply any Found Money to our Goals. I’ll apply that money to the debt. Read all of the updates: Our original Debt Freedom Plan.
Expert insights. Personalized for you.
130 
Let's personalize your content