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

AUGUST 11, 2016

You work until you are 65 and then retire. Work for the same company for 35+ years. Another friend chimed in, “we’ll never stop working, retirement isn’t possible.” ” Recently Go Banking Rates conducted two studies on savings rates with startling results. Many are thinking outside the box.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Family Balance Sheet

OCTOBER 18, 2019

2016 & 2017 Update. 1 – Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here. 2018 Update.

Debt 100

Debt 2019 Financial Goals Emergency Fund 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. 2016 Update. Save a starter Home Emergency Fund.

Financial Goals 113

Financial Goals Goals 2018 Debt 113