Family Balance Sheet

MAY 6, 2020

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. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It kept me up at night.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

APRIL 9, 2021

Stressed out, we ventured into Dave Ramsey’s online Financial Peace University home course for help. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

OCTOBER 18, 2019

To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt. From what we learned in the course, we wrote our Debt Freedom Plan. … cue the Jefferson Starship song, “Nothing’s going to stop us now”… Fast forward to September.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100