Family Balance Sheet

APRIL 9, 2021

He makes it really simple and you should Google it if you haven’t heard of his steps. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Prairie Eco-Thrifter

JULY 16, 2014

You’re probably familiar with the phrase, “The word assume makes an ass out of you and me”. While assumptions can be helpful, creating shortcuts for understanding and putting situations in context, they can also be quite dangerous, and can indeed, make you into an ass…or worse. Assumption #4: You’ll never have an emergency.

Emergency Fund 174

Emergency Fund Insurance Recession Unemployment 174

Family Balance Sheet

OCTOBER 18, 2019

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. We followed Dave Ramsey’s debt snowball method.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100