Family Balance Sheet

JUNE 22, 2020

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. 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. After the first year, the new business debt weighed on me.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

DECEMBER 29, 2020

That is why I created Family Budget Spreadsheets — a bundle of spreadsheets that we personally use to plan and budget our money. This package is designed to help you organize your finances, create a budget, plan for major purchases, understand your cash flow, and track your net worth.

Budgeting 130

Budgeting Budget Family Property Taxes 130

Family Balance Sheet

MAY 6, 2020

For many households, their finances and budgets are in limbo. How Our Debt Freedom Plan Prepared Us for the Pandemic. We’d survived the dip in 2007, carried no credit card debt, and we were contributing to our retirement. This new business debt weighed on me. Our first storm: 2007. Yep, life was good.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

JANUARY 17, 2018

This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. You can only cut so much from a budget, so to increase our cash flow, we’ll need to earn extra income by growing our small business and growing my blog. I’ll apply that money to the debt. 2016 Update.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

SEPTEMBER 21, 2015

We carried no credit card debt and we contributed to our retirement. But in August 2013, our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages, our home and our business. We had a lot of debt, not enough cash flow, and very little set aside for emergencies.

Finance 100

Finance Debt August 2013 100