Remove Budgeting Remove Daughter Remove Debt Remove Savings Account
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Family Office Manager

Family Balance Sheet

Instead, he shared the story about Susan, a wife, and mother who handled all of the financial tasks in her home, from budgeting to making investment decisions. Over the years, my FOM duties included: Review the day-to-day/month-to-month budget and spending for our household. Update budgeting software on a regular basis.

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How We’re Using Upromise to Save for College

Family Balance Sheet

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.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. debts one by one. What inspired you to become debt free?

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

However a few years ago, we found ourselves with too much debt and not enough cash. Within a year after settlement, we found ourselves with a lot of debt, not enough cash flow, and very little set aside for emergencies. We had our daughters later in life and at a crucial time in our lives, I stopped our retirement contribution.

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Over 40 and Worried about Money? Start here!

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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. *. And Read some more.

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2012 Financial Goals

Family Balance Sheet

Increase our Monthly Debt Payment. We have set a goal date of July 2015 to pay off all of our debt. Start a Car Replacement Savings Account. Start College Savings Accounts for our Girls. Our oldest daughter is in Kindergarten and we have not started to save for her higher education.

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Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We hit our Annual Household Portion (kind of like a deductible) of $10,000 with Medi-Share in 2017 when our daughter had an unexpected medical condition arise that required multiple tests, 3 surgeries, and medication.