Remove 2012 Remove 2018 Remove Bills Remove Saving
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Our 2019 Financial Goal

Family Balance Sheet

In 2018, we decided to focus on just 2 main financial goals and before I share my 2019 goals I thought I would give you a recap on 2018. Our 2018 Financial Goals: Finish our Will. Save $10k in a savings account, specifically earmarked for medical expenses. I almost stopped writing goals down altogether.

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Our Family Finances Update: January 2021

Family Balance Sheet

Yep, I found a $20 bill last year on the beach! This money will go towards paying the actual medical bills from the injury. I said goodbye to mini-van life in January when we traded in our 2007 Honda Odyssey for a 2018 Toyota Highlander. Instead, we opted to replace the tires and take a year or so to save for a car.

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2019 Debt Freedom Plan Update

Family Balance Sheet

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. We ran the numbers of the purchase and they looked great on paper, but paper doesn’t account for a new server, a roof leak, unexpected medical bills, and other calamities.

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2023-2024 Tax Brackets and Federal Income Tax Rates

Savings Corner

The total bill would be about $6,300 — about 13% of your taxable income, even though you’re in the 22% bracket. Two common ways of reducing your tax bill are credits and deductions. Tax credits can reduce your tax bill on a dollar-for-dollar basis; they don’t affect what bracket you’re in. Take a look back.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

Our Debt Freedom Plan Started in 2013: The year 2012 was quite exciting for me and my husband. Our bills and responsibilities didn’t waiver however, even though our income dipped. We dramatically reduced our spending by cutting our cable TV and landline , shopping thrifty, eating out less often , and lowering our grocery bill.

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