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How our Debt Freedom Plan Prepared Us for the Pandemic

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. Yep, life was good.

Debt 130
Debt Emergency Fund 2007 2020 130
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How We Paid off Six Figures of Debt

Family Balance Sheet

JUNE 22, 2020

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. In 2020, we still use and are thankful for Medi-share.

Debt 130
Debt Health Insurance Insurance Budgeting 130
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