2020 Credit Cards Emergency Fund Thanksgiving 
Family Balance Sheet
MAY 6, 2020
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. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund.
Family Balance Sheet
APRIL 9, 2021
We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. We agreed that credit card debt wasn’t very smart, but a car loan? But $1000 was not nearly enough money to cover sudden emergencies in both our home and business.
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