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

APRIL 11, 2020

I have written often about the importance of an emergency fund. This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation. We didn’t have enough cash saved to buy a car without a loan and that wasn’t sitting well with me. Cash is King.

Budgeting 246

Budgeting Budget Family Debt 246

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. We still have a mortgage, so we’re technically not DEBT-FREE, but we paid off over 6 figures of business debts and student loans since 2012 and have wiped out our NON-mortgage debt.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Prairie Eco-Thrifter

NOVEMBER 12, 2011

Money Cactus: Wealth Creation Online: Invest It Wisely Interview – There are a stack of really great personal finance blogs online and keeping up with them can be tough, this series introduces you to those who I think are well worth knowing about. Today I’m going to talk about getting those emergency funds going.

November 188

November 2011 Personal Finance Finance 188

Prairie Eco-Thrifter

OCTOBER 21, 2012

Well, this time I have done it again and put together some good laughs for you to enjoy on your Monday morning. There will always be limits on salary or income potentials so finding ways to save always help. Take the test to find out!” Danielle from Saving Without A Budget shares 5 Smart Investing Tips for 2012.

Personal Finance 219

Personal Finance Finance Debt Money 219

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. Everything looked great on paper.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Prairie Eco-Thrifter

JANUARY 10, 2012

One of my personal goals in 2012 is to travel more. I want to use up all my holidays from work, as well as going on some random weekend road trips. Okay, congratulations on that, but have you fully funded your emergency fund? Or, maybe when you come back, your industry has gone down and jobs are hard to find.

Travel 226

Travel Debt Finance Emergency Fund 226