Family Balance Sheet

MARCH 26, 2021

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. I’m going back to bed! Have you had weeks like that?

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

FEBRUARY 11, 2016

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. By the end of 2007, our business picked up again–thankfully–but not before we practically wiped out our savings with only $2000 left to spare, not enough to get us through one more month.

Emergency Fund 100

Emergency Fund Building 2007 Credit Cards 100

Family Balance Sheet

OCTOBER 13, 2014

The total cost for the new tires and the dryer repair was $900. Several years ago, our other vehicle needed new tires to pass inspection and our hot water heater stopped working. Once your finances are in order, your goal should be to increase that number to: three months of living expenses? Oh, and it happened all in one week.

Emergency Fund 100

Emergency Fund Finance Organic Organization 100