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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

How Our Debt Freedom Plan Prepared Us for the Pandemic. 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. This new business debt weighed on me. Our first storm: 2007. Storm #2: 2013.

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Short on Cash? | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. So if you could use some extra cash for your emergency fund , or save for Christmas presents or any other activity or need, then you must read 31 Days to Find $1000.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

I hear people say, “how am I supposed to save for retirement AND raise my kids, save for their college, AND still enjoy the present moment?” We charted out our course of action to pay off debts and start saving for retirement. Start Saving for your Emergency Fund TODAY! And that’s where we get stuck.

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My Life Plan

Family Balance Sheet

When you’re in the trenches, it can be very hard to think beyond the present. 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. Contribute to our retirement funds.

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future. Increasing your credit card limit is really increasing your debt, or at least your exposure to debt, so say ’No!’

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. How about you?

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

Prairie Eco-Thrifter

Kristen from My Dollar Plan reminds us Why You Should Tell Your Family About Your Debt. ” eemusings from NZ Muse presents Hybrid cars: a week in the fast lane. Peter from Bible Money Matters shares 10 Tips to Save Money on Your Christmas Shopping and Avoid Going Into Debt. I am a big believer in communicating.