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How We Paid off Six Figures of Debt

Family Balance Sheet

This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund.

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Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

Family Balance Sheet

Use this to develop a budget & determine where you will cut back. (If Use cash system with envelopes for your over spending areas. Watch Tracy’s Debt Free Scream. I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects. What are your financial goals now?

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