I recently wrote about our debt reduction process – a simple one-page guide to getting out of debt. Over the next few days, I plan to elaborate on each of the steps mentioned in the article, starting today with a few notes about step 1 – and the emergency fund. My wife and I have our primary checking account with…
Category: Debt Reduction
Get Out Of Debt – One-Page Summary Of Our Process
It’s been a minutes since I last wrote about debt reduction – so I thought I would write out a simple, one-page summary of the steps that my wife and I have taken to eliminate our debt. 1. We established a small emergency fund. We started with $1000 in cash – and our fund fluctuated between $800 and $2000 during…
Paying Off Our Mortgage – Update With Chart September 2015
It’s time for a new chart! We are working to pay off our fixed-rate, conventional, fifteen-year mortgage. Our goal is to pay it off in less than 10 years. I use a simple pie-chart to track our progress – and post our updates here at No Credit Needed. Having a visualization keeps us motivated! Here’s a chart with details for…