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For Better Savings: Use Sub Accounts to Differentiate Your Goals

Prairie Eco-Thrifter

It’s fun to watch your account grow, but at the same time, if you have different goals for the money, having everything in one account can be problematic, since you aren’t able to identify which money is earmarked for a specific goal. I do this with my emergency fund. Break Out Your Objectives. Money Tips'

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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Being self-employed, we felt we needed more than Dave’s recommended $1000 starter emergency fund that he outlines in his book, so our first step was to save a bit more for our home and office. It’s in excel so you can modify it to meet your needs. This list became our personal Debt Freedom Plan.

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Meet a Reader | Jennifer from Arkansas

The Frugal Girl

We’re meeting an Arkansas reader today and initially, I thought she was the first one! Multi-pronged answer here: historically it was hard-wired in my DNA as a necessity but also being a good steward of what we’re blessed with & being able to give/help others; having enough for emergency funds was always a high priority as well.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Meet The Achievers: Deacon and his wife paid off $52,000 in debt in 18 months. It can be difficult to watch others succeed with their goals. My husband and I meet regularly to review the budget and the status of our financial goals. Save for emergencies. Read: How to Build your Emergency Fund.

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

Meet Angela. I watched her and her husband’s debt free scream on The Dave Ramsey Show. We are currently working towards fully funding our emergency fund. When I heard her mention that she had a You Tube channel, I just knew I had to ask her for an interview. What are your financial goals now?

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

Family Balance Sheet

I had watched my parents pay off their debt, including their house, when I was a pre-teen, which really influenced me. We aim for a monthly budget meeting at least. We’ll meet more often if there’s a problem. The next goals in line would be to build up a 3 month emergency fund and save enough money to replace my car.

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

Family Balance Sheet

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. Watching Dave Ramsey’s live show daily pushed me through those days I thought it just wasn’t going to happen and wanted to quit or just go shopping.

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