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2019 Debt Freedom Plan Update

Family Balance Sheet

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. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here. 10 – Pay Off Mortgage Debt. .

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

Family Balance Sheet

I also wanted to pay off the student loans he had, and see him graduate without occurring any more debt. Have pictures of your Why around in your daily life to help keep you motivated. The next goals in line would be to build up a 3 month emergency fund and save enough money to replace my car. Track your progress.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

He went back to school at the age of 34 to pursue a new career and has not regretted it, but his student loan was about the size of a small home mortgage when he graduated in 2000. Build up our Emergency Funds to 3-6 months of expenses. Start college funds for both girls. We bought our home in 2001.

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