Family Balance Sheet

MARCH 26, 2021

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. We had enough to get us through one more month.

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

FEBRUARY 11, 2016

With little money in their bank accounts, these Americans couldn’t afford these unfortunate expenses without using a credit card or maybe relying on a loan from family and friends. You see, we learned a valuable lesson many years prior about the importance of an emergency fund. What is an Emergency Fund?

Emergency Fund 100

Emergency Fund Building 2007 Credit Cards 100

Family Balance Sheet

OCTOBER 13, 2014

By the end of the month, my goal is to help you have a detailed financial plan for your family. Both instances could have brought us down and we could have reached for a credit card, but thankfully, my husband and I are pretty adamant about having an emergency fund and I want you to become adamant about having one too.

Emergency Fund 100

Emergency Fund Finance Organic Organization 100

Family Balance Sheet

MAY 6, 2020

How Our Debt Freedom Plan Prepared Us for the Pandemic. 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

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

AUGUST 11, 2016

We still refer to it often to remind ourselves of our goals and objectives. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away. Use my Family Balance Sheet excel spreadsheet to help you organize your finances. The plan hangs on our refrigerator.

Emergency Fund 100

Emergency Fund Money Finance Debt 100