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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.

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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.

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How We Paid off Six Figures of Debt

Family Balance Sheet

By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. My kids are now almost 15 and 12 and eat as much as adults! Health Sharing Ministry.

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