Family Balance Sheet

MAY 6, 2020

Life, as we knew it came to a halt for so many of us in mid-March, and life going forward will forever be known as pre-pandemic or post-pandemic. 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.

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. How I’m managing our family budget during the Pandemic: We pay ourselves at the beginning of each month, so when this crisis started in mid-March, we were covered for the month. My second prayer is that my family gets through this crisis financially.

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. Updates on our Debt Freedom Plan over the years: Our Original Debt Freedom Plan – written in March 2014. 1 – Save a starter Home Emergency Fund. 2018 Update.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

JUNE 11, 2014

Back in March I wrote about my family’s Debt Freedom Plan. It happened in 2006 and again in late 2012 to early 2013. Our current savings is not at a true emergency fund level of 3-6 months, but further down our plan, we will save up to that level. By summer 2013, our savings was at an uncomfortable level.

Debt 100

Debt Emergency Fund Financial Goals Motivation 100