article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. Our first storm: 2007. The year 2007 held such promise for us when it started, but by the end of the year, we were brought to our knees. As self-employed small business owners, we have lived through some tough months, but in 2007, it was a tough year.

Debt 130
article thumbnail

How to Build your Emergency Fund

Family Balance Sheet

We have lived through some challenging months as small business owners, but 2007 was a very tough year for us. By the end of 2007, our business picked up again–thankfully–but not before we practically wiped out our savings. We would not have survived with just a $1000 starter fund back in 2007. A Very Tough Year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. As self-employed owners of a small business, we have lived through some challenging months, but the year 2007 was especially tough for us. Our business became difficult.

article thumbnail

Our Family Finances Update: January 2021

Family Balance Sheet

New furniture wasn’t in the budget for this project, but we sold some other unused furniture in November and we now have enough to pay for the new furniture. I said goodbye to mini-van life in January when we traded in our 2007 Honda Odyssey for a 2018 Toyota Highlander. We…took out a car loan.

Finance 130
article thumbnail

How to Build your Emergency Fund

Family Balance Sheet

We have lived through some challenging months as small business owners, but 2007 was a very tough year for us. 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. A Very Tough Year.

article thumbnail

Get Healthy and Save Money

freestuff.tv

It is is a bad habit that a 2007 report states that about 4.9 So not only does it place increased pressure on our health system but it also eats up the budget for groceries. While this post isn’t applicable for everyone, the principle behind it remains. million people worldwide each year die as a result of smoking.

article thumbnail

Vanity Report: Fighting Summer Frizz

Cheap Chica's Guide To Style

A super budget-friendly option that is probably already sitting in your pantry (or in your medicine cabinet as is the case with me). image via David Sims, Vogue, October 2007. Find out which salons near you offer Cezanne. Coconut Oil. Pretty much everyone I talked to about hair woes agreed on this one, unsurprisingly.