Remove Debt Remove Emergency Fund Remove Re-use Remove Restaurant
article thumbnail

25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Our emergency fund has saved us countless times and it will save us once again with the truck. And while I don’t like parting with our money, I am grateful that this repair won’t send us into financial distress. 3 Action Steps to Set Up Your Emergency Fund. It is NOT a spending account.

article thumbnail

5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. Our journey to debt freedom started back in 2013 when we found ourselves saddled with business and student loans.

Debt 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Pre-coronavirus, we didn’t think twice about shaking a stranger’s hand, using the ATM keypad, or going to the grocery store without donning a hazmat suit. I have written often about the importance of an emergency fund. I have been using it ever since. Emergency Savings = Last Resort.

Budgeting 246
article thumbnail

How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

I watched her and her husband’s debt free scream on The Dave Ramsey Show. You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. Tell us about you and your family. How much debt did you pay off?

Debt 100
article thumbnail

How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. Meet The Achievers: Deacon and his wife paid off $52,000 in debt in 18 months. They’re still working on developing their goals for 2017.

article thumbnail

Financial Success: It’s Not Always About Your Income

Prairie Eco-Thrifter

When I was younger, I used to think that a higher income was the solution to most of my financial issues. My husband and I were graduate students with loans and credit card debt, and we were certain that a higher income would solve all of our problems. Now, all of a sudden, we had enough money that we could try nicer restaurants.

article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

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.

Debt 130