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How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

Need a quick snapshot of your finances? Let me show you how to create a Family Balance Sheet. I’m a firm believer that finances must be organized and neat, and a Family Balance Sheet helps you keep track of your finances in one tidy spreadsheet. Column J = Interest rate or the finance charge.

Family 241
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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. Finances after the Pandemic: We went through a rough time back in 2012/2013 and we wrote our Debt Freedom Plan as a result of it.

Budgeting 246
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Create your debt freedom plan

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that we view them as one. And as you’ll see below, we also added a few more steps that he probably wouldn’t suggest or approve of, but there’s a reason why this is called personal finance. Our Debt Freedom Plan – written in 2013.

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Meet a Reader | Mid-Atlantic Julia

The Frugal Girl

My husband and I have four kids ranging from age 3-8, and I am a stay-at-home mom. Our family lives on a ten-acre homestead property in the Mid-Atlantic region which we bought in early 2022. My husband and I bought our first home in 2013 when interest rates and housing prices were pretty low. What’s your best frugal win?

Money 197
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A Goal Without a Plan is Just a Wish

Family Balance Sheet

I manage the finances for our business and our family and by August 2013, I felt the weight of the situation. 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. We are in control of our cash flow.

Goals 100
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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Tell us about you and your family. He now works as an architect, and I do some freelance from home now that we have kids. Luckily, even without misguided financial beliefs, we did pay off a significant portion of our debt before having kids. Once we both took a look at our budget and finances, it was clear what we needed to do.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

My grown kids are also savers and I have high hopes that the grandchildren will follow their example. To learn to live within your means is one of our primary family money values. Trepidation about having the grand-kids open a savings account. Helping the parents teach my grandchildren to save is an ongoing project of mine.

Money 124