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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It kept me up at night.

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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. How to Build your Emergency Fund.

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6 Tricks to Save More Money in 2015

Prairie Eco-Thrifter

Earmark this money for an emergency fund, a new car fund, a vacation fund, whatever you would like. Two Thanksgivings ago, I took advantage of Capital One 360’s promotion to get $100 when you open a savings account and get another $100 when you open a checking account. Take advantage of free money.

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Take Control of Your Money in 2015

Family Balance Sheet

How to Build a Starter Emergency Fund in 30 Days or Less | Jackie Beck @ The Debt Myth. Eucharisteo: A Year of Thanksgiving | Lani Padilla @ Simply Fresh Vintage. How to Make This the Best Gardening Year Ever | Kendra Spencer @ a Sonoma Garden. 5 Ways to Make this Your Best Monarch Season…Ever!

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