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Create your debt freedom plan

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We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. How to Build your Emergency Fund.

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Our Debt Freedom Plan | Marriage & Money

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Save $$$ Home Emergency Fund – Dave suggests to start at $1000, but being self-employed, ours is much higher, but it is not quite 3-6 months of expenses. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses. Our Debt Freedom Plan. We will cash flow a FAMILY TRIP TO DISNEY.

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

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We later did the big celebration during our summer vacation by heading down to Nashville to do our Debt Free Scream live on Dave Ramsey’s radio show. We are currently working towards fully funding our emergency fund. What habits did you form while being debt free that will now stick with you for the long term?

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

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My daughter and I finally took a vacation over Mother’s Day weekend to Nashville and did our debt free yell the following Monday live in studio with Dave Ramsey. I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects. How did you celebrate when you became debt free?

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