Family Balance Sheet

MARCH 26, 2021

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. That emergency fund saved our business, our sanity, and our marriage.

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. How I’m managing our family budget during the Pandemic: We pay ourselves at the beginning of each month, so when this crisis started in mid-March, we were covered for the month. Budget items we are temporarily stopping for now: EVERYTHING ELSE!

Budgeting 246

Budgeting Budget Family Debt 246

Family Balance Sheet

MAY 6, 2020

For many households, their finances and budgets are in limbo. Life, as we knew it came to a halt for so many of us in mid-March, and life going forward will forever be known as pre-pandemic or post-pandemic. Our emergency fund. We have hit uncertain times and this pandemic has felt like a wall that is unscalable.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

APRIL 30, 2014

The Goal of the Grocery Budget Challenge is to be creative with our meal planning and grocery shopping so that we do not over-spend. We don’t want to make our families miserable with bland meals, boring snacks, and not enough food in the house, but we must stay on budget. Action Step 1 : Plan your grocery budget for May.

Budgeting 100

Budgeting Budget Groceries Grocery 100

Family Balance Sheet

JUNE 11, 2014

Back in March I wrote about my family’s Debt Freedom Plan. We tightened our budget, got laser focused on turning around our business, and shoveled any extra cash into our savings. Our current savings is not at a true emergency fund level of 3-6 months, but further down our plan, we will save up to that level.

Debt 100

Debt Emergency Fund Financial Goals Motivation 100

Family Balance Sheet

JANUARY 21, 2015

Finally, we took the dive by making a budget and starting our debt snowball. The budget is key. I told Kelvin and he wasn’t overly excited, but he was on board right away and was pretty complicit in the budget making and accelerated debt pay-off. How often do you and your spouse discuss your finances/budget/spending?

Debt 100

Debt Debt Free Las Vegas Finance 100

Family Balance Sheet

MAY 27, 2015

Ryan is a high school math teacher and also officiates college basketball (November thru March). I knew I was going to be a stay at home mom when we had kids and since we were both teachers, we simply could not afford for me to stay home, unless we got rid of something big in our budget. Budget – Obvious, I know.

Debt 100

Debt Debt Free Pay Off Debt Finds 100