In an era where many families require two working parents to make ends meet, being mortgage-free has provided us with the possibility of moving to a single-income family.
We nearly doubled our original budget and, as a result, burned through most of our emergency fund. Using your emergency fund to pay for a new kitchen is not recommended, but it is what it is.
We achieved our goal of giving away 10 percent for the first time in 2018 and have been able to give away roughly the same amount over the past several years.
We often look for lodging and entertainment deals to minimize travel costs. Finally, when the kids get older, we plan to explore more elaborate travel opportunities out of the country.
Becoming debt-free is much less about what makes the most sense on paper and its impact on our lives.