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. 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. Everything changed. Yep, life was good.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

JUNE 11, 2014

Back in March I wrote about my family’s Debt Freedom Plan. Today I am proud to say that we have completed our second step : Increase business emergency savings to a specific number. Over our 14 years in business, we have had to rely on our savings a few times to help cover expenses during tough months.

Debt 100

Debt Emergency Fund Financial Goals Motivation 100

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