Total Money Makeover: Baby Step 1

Baby step 1 of our Total Money Makeover is officially complete! Yay!! We have now accumulated $1,000 in an emergency savings account, and accomplished it within the month timeframe that Dave Ramsey recommends (so we are on schedule!!). I put the money at a different bank than where my checking account is so that it takes a lot more effort to transfer funds, as well as two days for processing before I can get the funds. This will force me to evaluate whether something is TRULY and emergency and can't be covered by my checking account. I figure any emergency that arises, whether it's car repairs, unexpected medical expense, household issues, can wait two days before it is paid. So now we will start moving on toward paying off the debt, beginning with the line of credit since it is the smallest amount that we owe. That balance is currently at $1383, so I don't think it should take us too long to pay it off. Here we gooooooooo!