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Family Balance Sheet
MAY 6, 2020
For many households, their finances and budgets are in limbo. My family’s finances have also been affected. 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. Everything changed.
Family Balance Sheet
APRIL 11, 2020
Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. I have written often about the importance of an emergency fund. We didn’t have enough cash saved to buy a car without a loan and that wasn’t sitting well with me. Emergency Savings = Last Resort.
Family Balance Sheet
JUNE 22, 2020
Financially speaking, he focuses on building the business and I focus on managing our home and finances. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund. We increased our income.
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