Family Balance Sheet

JANUARY 17, 2018

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Save for a camper upgrade. Choose Thrift First.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

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 past winter I cleaned out closets and drawers in my quest to minimize and downsize our stuff and donated everything to the thrift store, rather than hold on to it for the spring sale. It wasn’t worth my time.

Money 130

Money May Donation 2020 130

For the Mommas

JULY 27, 2016

Set up a high-interest savings account and be methodical about regularly contributing. Learning to make sacrifices early on and creating long-term saving habits can make a big difference on how long you are able to stay home with your new baby. Eliminate debt. Put off the things you can live without for now.

Baby 40

Baby Debt Credit Cards Phone Service 40

Family Balance Sheet

FEBRUARY 16, 2016

He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. Being self-employed, we have a higher starter fund on hand and when we pay off our non-mortgage debt, we will save to at least 6 months expenses and maybe even more. I found this post very helpful.

Emergency Fund 100

Emergency Fund Money Finds Friends And Family Sale 100

Family Balance Sheet

APRIL 1, 2021

He then advises paying off your non-mortgage debt before fully funding an emergency fund with 3 – 6 months worth of expenses. Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Personally, I think a starter fund should be $2000-$3000.

Emergency Fund 130

Emergency Fund Money Finds Friends And Family Sale 130