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2019 Debt Freedom Plan Update

Family Balance Sheet

A lot of life happened over 7 years and our plan changed slightly, but our goal remains to achieve complete freedom from debt. Our 2019 Financial Goal. We can now move on to other financial goals. 1 – Save a starter Home Emergency Fund. 2 – Increase business emergency savings.

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Our 2018 Financial Goals

Family Balance Sheet

Did you make 2018 financial goals ? My husband and I discussed some ideas over our holiday break and we decided on 2 solid must-achieve financial goals for the year. If we complete them early, we’ll move on to 2 additional goals that are on our radar. Apply any Found Money to our Goals. 2017 Update.

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Update #1: Our Debt Freedom Plan

Family Balance Sheet

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. What financial goals are you working towards? Are you making headway with those goals?

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My #SavingsPledge Goal

Saving With Shellie

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. That’s my goal. I don’t know if it’s attainable in a few short months but having this lofty goal has me determined to save. We are currently building a new house.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. What a great problem to have, right?!?!

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How We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. We moved the goal post multiple times. What could possibly go wrong? We said NO a lot.

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