Remove 2012 Remove Emergency Fund Remove Family Remove Meals
article thumbnail

How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. My second prayer is that my family gets through this crisis financially. I have written often about the importance of an emergency fund. More family time! Folks did we just enter the twilight zone?!

Budgeting 246
article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

My family’s finances have also been affected. 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. It was during this time that I created my first Family Balance Sheet. Everything changed.

Debt 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

Kristen from My Dollar Plan reminds us Why You Should Tell Your Family About Your Debt. I know our families all talk pretty open about money issues so that we can help and support each other. I know our families all talk pretty open about money issues so that we can help and support each other. I totally agree.

article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

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