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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

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. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It kept me up at night.

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Our Big Financial Goal for 2016

Family Balance Sheet

Guidelines for 2016: 1. We have some home projects that we need to do and we have already set aside the funds. We will cut back, but it is unrealistic for me to say we won’t eat out at all this year. We do budget for dining out and this year, we will need to be more diligent about staying within that budget.

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How to Conduct an Effective Family Financial Analysis

Prairie Eco-Thrifter

rise up during emergencies or unexpected occurrences. Take note that these guidelines would not work if you do not cooperate with one another. You can’t eat, sleep, and think?! The easiest way to get out of debt is to never borrow money at all. Plan for Financial Emergencies. plan for the future. Are you ready?

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Our 2018 Financial Goals

Family Balance Sheet

The Guidelines for 2018: 1. However, we could use a year of extra thriftiness to find any extra funds to accelerate the $10k. We will need to cut back on dining out, but it is unrealistic for me to say we won’t eat at restaurants this year. Save a starter Home Emergency Fund. Be Exceptionally Frugal.