Family Balance Sheet

APRIL 11, 2020

Pre-coronavirus, I considered having 3 months of expenses saved in cash to be sufficient. Every night my first prayer is that this virus starts to mitigate, the curve flattens to a manageable level for our health care system, and lives are saved. Emergency Savings = Last Resort. Post-coronavirus, not so much!

Budgeting 246

Budgeting Budget Family Debt 246

Family Balance Sheet

JUNE 4, 2015

When a building in our town went into foreclosure in 2012, we considered the opportunity to own. On top of our normal day to day expenses, the new property taxes were due, we had more ownership expenses than we realized, and we had a family to feed. Our business was doing well and it seemed like the right time for us to buy.

Goals 100

Goals Debt Renovation Daughter 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. We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Health Sharing Ministry. We drive older cars.

Debt 130

Debt Health Insurance Insurance Budgeting 130