Family Balance Sheet
OCTOBER 15, 2021
Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. bonus for signing up and a $25 bonus for linking a 529 account. Hello, 2020.
Family Balance Sheet
SEPTEMBER 13, 2017
We generally don’t have a lot of medical bills–just the usual stuff like annual physicals, some blood work, and an occasional sick visit. He examined our daughter and immediately set up a procedure under anesthesia for Friday morning. He had his scheduling assistant call Medi-Share to confirm to save us the time.
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Family Balance Sheet
JUNE 4, 2015
We had our daughters later in life and at a crucial time in our lives, I stopped our retirement contribution. We paid our bills on time, never carried credit card debt from month to month, but in that moment we could not pay our bills. I had to cut something from our spending and do it quickly.
Family Balance Sheet
FEBRUARY 19, 2022
Today at age 50+, I still optimize our cash flow, but my focus is shifting towards saving with our daughters’ future education costs, building our net worth, and planning for our retirement years. Pay our bills in a timely manner. In the beginning, I was focused on stretching one paycheck while I stayed at home.
Family Balance Sheet
AUGUST 11, 2016
I’m busy raising my daughters with my 50-something husband, managing our small business, and writing my blog. ” Recently Go Banking Rates conducted two studies on savings rates with startling results. Almost 70% of Generation X have less than $1000 in personal savings account. *.
Family Balance Sheet
MARCH 18, 2011
When we got home, my daughter went to get her wallet. She counted out 5 $1 dollar bills and was ecstatic when she realized she had a dollar left. She has gotten cash in the past for her birthday or Christmas, but she would have preferred a toy so I have deposited the money in her savings account. Do you understand?",
Prairie Eco-Thrifter
JANUARY 30, 2017
In our early marriage years, I would pay the bills, but over the years we have alternated the task. Unfortunately, he has no interest in checkbook or account balancing but we have divided up tracking/managing the stock and bond market accounts. Because of that, I urged my daughters-in-law to develop their own earning power.
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