Family Balance Sheet

OCTOBER 18, 2019

Our Debt Freedom Plan has been a long winding road. The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

OCTOBER 15, 2021

Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. How to Save for College with Upromise: The first step to saving for college with Upromise is to join.

College 130

College Used 2020 Saving 130

Family Balance Sheet

JANUARY 11, 2019

Save $10k in a savings account, specifically earmarked for medical expenses. In March of 2018, we had our wills, medical directives, and powers of attorney completed by an attorney. It was an easy process and I know that we could have saved money by doing it online, but I trust that everything is properly complete.

Financial Goals 100

Financial Goals Goals 2019 Health Insurance 100

Family Balance Sheet

MARCH 26, 2021

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. That emergency fund saved our business, our sanity, and our marriage.

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

JUNE 4, 2021

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. This money was put into my Christmas Savings account. March 2021 – I found $747. Over the years, I have found money through rebates, refunds, online sales, and even the ground. My total found money in May: $321.81.

Money 130

Money May Donation 2020 130

Prairie Eco-Thrifter

DECEMBER 1, 2014

If you make $50,000 and your goal is to save $25,000 this year, I’m here to tell you, this isn’t likely to happen. If you make $50,000, maybe, depending on your situation, saving $2,400, or $200 a month is within your reach. If you want to save $2,400, put aside $200 a month or $600 a quarter.

Goals 209

Goals Financial Goals December Motivation 209

Finally Frugal

JANUARY 8, 2011

Basically, the idea is to avoid a post-Christmas financial hangover by putting those extra dollars away in a special holiday savings account, thereby gaining a nice cushion when the gift buying season raises its expensive head once again; Second, how about starting a fund just for the car maintenance costs?

Frugal 45

Frugal Spendthrift Debt Recession 45