Remove Debt Remove Emergency Fund Remove Making Do Remove Money
article thumbnail

How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. However, reality set in on April 1st and I’m now second-guessing that we have enough money set aside, so I have set into motion some strategies to prepare for the unstable economy and any lost income ahead. Stop sending an extra payment to our mortgage.

Budget 246
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. I want to challenge myself to rethink our purchases by taking advantage of more cost effective solutions, like borrowing, buying second hand, or just making do with what we already have. Save for a camper upgrade.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Take Control of Your Money in 2015

Family Balance Sheet

Most of them are related to our small business, my husband’s chiropractic office, but last January I got a bee in my bonnet about debt…thank you, Dave Ramsey. I tricked …nudged my husband into following along and together we wrote out our Debt Freedom Plan. Debt Free Stories. My Themes for 2015: 1.

2015 100
article thumbnail

Our Big Financial Goal for 2016

Family Balance Sheet

As God is my witness, it WILL be the year that we pay off the last of our non-mortgage debt. That was the month I didn’t know if we had enough funds to cover our expenses. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan. Apply any Found Money to Debt.

article thumbnail

Financial Success: It’s Not Always About Your Income

Prairie Eco-Thrifter

My husband and I were graduate students with loans and credit card debt, and we were certain that a higher income would solve all of our problems. Now, all of a sudden, we had enough money that we could try nicer restaurants. We make plenty!” However, this isn’t always the case. Managing Your Resources.