Remove Emergency Fund Remove Finds Remove Property Taxes Remove Restaurant
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. This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep.

Budget 246
article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Restaurants. Everything looked great on paper. Health Sharing Ministry.

Debt 130
article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

A budget might not change your circumstances, especially if the problem is income, but a budget will help prioritize the funds that are available. A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. Total your expenses.

Budget 133