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So You’ve Maxed Out Your Emergency Fund – Now What?

Prairie Eco-Thrifter

Personal financiers will frequently advise that you have an emergency fund of 3-6 months of expenses in your bank account at all times. I remember a few months ago when I hit my $10,000 emergency fund target. Once you’ve reached that goal and have a nice, healthy emergency fund in your bank, what do you do next?

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Create your debt freedom plan

Family Balance Sheet

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. After the FPU class, we looked at our debts differently.

Debt 130
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What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

My fiancé’s financial goal is to save up money for incidentals and emergencies (over and above our current fully-funded emergency funds), and then buy a really good truck and perhaps a boat with anything extra that hasn’t gone toward retirement or the emergency funds. Compromising is Key.

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2019 Debt Freedom Plan Update

Family Balance Sheet

We still have a mortgage, so we’re technically not DEBT-FREE, but we paid off over 6 figures of business debts and student loans since 2012 and have wiped out our NON-mortgage debt. 1 – Save a starter Home Emergency Fund. Additional related reading: Debt Free Stories. We’re way behind on this.

Debt 100
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My Life Plan

Family Balance Sheet

Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds. Continue to live debt free with the ability to travel more, give more, pursue our passions. Write a book about our debt free journey. Travel the country with my husband in an RV. Start saving for college.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. I also love, love, LOVE to travel. Quitting my job is one of the things being debt free has enabled us to do. Quitting my job is one of the things being debt free has enabled us to do. When we first started we couldn’t have even conceived of becoming completely debt free.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Your City or County May Have Free Money For You. Often times, home buyers may not be aware that free money for a down payment on a house is still available for qualified buyers. Anon from Gen Y Capitalist tells Why It’s Better to Travel NOW Rather Than Save For Later. FMF from Free Money Finance shares his Simple Car Email.