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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. That emergency fund saved our business, our sanity, and our marriage.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

What got us through.our emergency fund. 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. How Much Do You Need in an Emergency Fund?

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Families are our rock, our support system, and our fans. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? What do you think?

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

That inspired me to be intentional with my finances and to follow Dave’s six steps. We knew the principles of Financial Peace University; however, we also met with a financial planner who was also a huge Dave Ramsey fan. In those meetings, one of the things we discuss is finances. We try to discuss finances once a week.

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Do You Have A Plan for Replacing Your Appliances?

Family Balance Sheet

While I have no desire to replace any of them right now, I also don't want our finances to be thrown for a loop when something does decide to take a trip to appliance heaven. I don't want to drain the emergency fund, which could easily happen when the AC needs replaced. We certainly don't want to go into debt either.

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

She helps readers gain control of their finances and live well on a budget at her blog Cook with a Shoe . I found Dave Ramsey’s plan about a year after we had been married and finances were really tight, especially with a variable income. Who handles the day-to-day finances in your home or do you work on it equally?

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