Family Balance Sheet

SEPTEMBER 21, 2015

We carried no credit card debt and we contributed to our retirement. Our small business was going well and we said so long to renting office space and purchased a commercial property. We had a lot of debt, not enough cash flow, and very little set aside for emergencies. Communicate with your spouse. Yep, life was good.

Finance 100

Finance Debt August 2013 100

Family Balance Sheet

JUNE 4, 2015

However a few years ago, we found ourselves with too much debt and not enough cash. After renting an office for 12 years, we had nothing to show for it and the space was starting to feel a bit cramped. 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.

Goals 100

Goals Debt Renovation Daughter 100

Savings Corner

DECEMBER 24, 2023

Would renting for another year or two improve your financial standing? If a friend, relative or employer has offered to provide a down payment gift, initiate a conversation early on to learn how much they plan to contribute and if there’s any shortfall you’ll need to cover — and secure a gift letter from them well in advance.

Real Estate 52

Real Estate Buy Buying Credit 52