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Create your debt freedom plan

Family Balance Sheet

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. Prioritize.

Debt 130
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2019 Debt Freedom Plan Update

Family Balance Sheet

We were mentally exhausted from the previous few years with paying off debts and medical bills, but in January 2019, I could see the home stretch and felt really comfortable that we could have this last non-mortgage loan paid off by the end of the year. 1 – Save a starter Home Emergency Fund.

Debt 100
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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. She hit that goal in September 2016. Elle and her husband paid off a car loan and saved cash for their next car. My husband and I also have a goal of debt freedom, but we’ve put together micro-S.M.A.R.T. ” Pay off Debt.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Here’s some tips to be wary of when trying to consolidate your debt. Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund. Sustainable Life Blog: September Monthly Review His review of finances in September.

October 200
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How We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. When the smallest loan was paid off, we put that minimum payment towards the next smallest loan.

Debt 130