Family Balance Sheet

MARCH 26, 2021

This post was first published in 2016. Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. What is an Emergency Fund?

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

MAY 6, 2020

For many households, their finances and budgets are in limbo. 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. What got us through financially? This new business debt weighed on me.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

APRIL 9, 2021

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. Increase business emergency savings.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

JANUARY 26, 2016

2016 will be THE year. That was the month I didn’t know if we had enough funds to cover our expenses. We have a retirement to plan , our daughters’ college to save for, and many places to visit. Guidelines for 2016: 1. We will continue to save for travel and it is already part of our budget.

Financial Goals 100

Financial Goals Goals 2016 Debt 100

Family Balance Sheet

AUGUST 11, 2016

And in adulthood, they are stashing their incomes and living hyper-frugally to save for early retirement, instead of waiting to 65 to fulfill their dreams. This leaves not much left to save for retirement. ” Recently Go Banking Rates conducted two studies on savings rates with startling results. It’s all too much.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Family Balance Sheet

FEBRUARY 2, 2017

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. She hit that goal in September 2016. Her 2017 goal is to save $20,000 in cash. Their 2017 goal is to save for a down payment on a house.

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Family Balance Sheet

JANUARY 17, 2018

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Save for a camper upgrade. If not, we’ll start saving in 2019.

Financial Goals 113

Financial Goals Goals 2018 Debt 113