Family Balance Sheet
MAY 6, 2020
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.
Family Balance Sheet
APRIL 9, 2021
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.
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Family Balance Sheet
OCTOBER 18, 2019
. … cue the Jefferson Starship song, “Nothing’s going to stop us now”… Fast forward to September. 1 – Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. DONE – 6/1/2014. DONE 2015.
Family Balance Sheet
APRIL 11, 2020
I have written often about the importance of an emergency fund. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. After paying off our last non-mortgage debt in September 2019, we updated our Debt Freedom Plan. Cash is King.
Prairie Eco-Thrifter
OCTOBER 15, 2011
Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund. Sustainable Life Blog: September Monthly Review His review of finances in September. Instead of giving in, they used it as an opportunity to pay down debt!
Family Balance Sheet
FEBRUARY 2, 2017
She hit that goal in September 2016. Jacki, from The Debt Myth , stresses to give yourself a break, because YOU get to decide what’s right for your life. They took it one step at a time though, first by building up emergency funds as quickly as possible, then by paying off the credit cards and committing to no new debt.
Family Balance Sheet
JANUARY 17, 2018
An Update on Medi-Share – September 2017. What We Won’t Give Up: My motto has always been “living well on less” and now it will be “living well on (even) less”. However, there are a few things that we will not give up so I will need to include them in our budget. Save a starter Home Emergency Fund.
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