article thumbnail

A Goal Without a Plan is Just a Wish

Family Balance Sheet

The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. The business softened, renovations were more costly than expected, and we were now the owners of two mortgages, our home and our business. We were excited to cross this accomplishment off our bucket list.

Goals 100
article thumbnail

5 Lessons Learned When Our Finances Went Awry

Family Balance Sheet

But in August 2013, our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages, our home and our business. At that point, we will get back on track with saving for our retirement , our daughters’ education, and hopefully have some extra funds for fun.

Finance 100
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

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. Cash flow necessary business expenses and renovations. Earn Additional Income. Apply any Found Money to our Goals.