Family Balance Sheet

MAY 6, 2020

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. Yep, life was good.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

FEBRUARY 10, 2017

Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband. A 2017 Update: Since 2013, we have made incredible strides towards paying off our non-mortgage loans. At that time, I couldn’t cash flow the office budget, home budget, our loans, and retirement savings.

Debt 100

Debt 2017 Student 2016 100

Family Balance Sheet

OCTOBER 18, 2019

The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. 2016 & 2017 Update. 1 – Save a starter Home Emergency Fund. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

JUNE 22, 2020

How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund.

Debt 130

Debt Health Insurance Insurance Budgeting 130