So it has now been one year since we became debt free!

How has life changed? I must say as good as it felt to be debt free, it felt much better when we had 3 months of expenses saved as an emergency fund.

In the last year we have:

• Saved $16,000 as an emergency fund
• Saved $3000 for new furniture (and spent it on the new furniture.)
• Bought a cheap car and gave it away as a gift
• Saved $3300 for our vacation fund.
• Paid down the mortgage by $2311.24
• I was laid off from my job, and had enough money saved for 7 months
• Started a new job, just two weeks later, making slightly more than the old job.
• Opened a Roth IRA: $3935.35 contributed so far.
• Starting funding College Funds: $2576.82 so far.
• Our net worth has increased by $29,046.38 (despite the stock market doing so badly)

Thanks Dave