Family Balance Sheet

MAY 6, 2020

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. Yep, life was good.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

OCTOBER 18, 2019

I turned 50 …I know, I know, I don’t look a day over 30, because 50 is the new 30… …anyway, on the last Friday of September, we sent in the very last payment to my husband’s student loan and our goal of paying off our non-mortgage debt by the end of this year is complete! DONE – 6/1/2014. DONE 2015.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

MARCH 19, 2014

We didn’t have credit card debt, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%, so we thought we were doing okay. A student loan? We also have some renovations that we need to cash flow. | Our goal is to have everything funded by the summer. That’s a necessity.

Debt 100

Debt Money Emergency Fund Goals 100

Family Balance Sheet

JANUARY 17, 2018

Move up the Student Loan Payoff Date. Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. It has come in handy many times and if we need to use the money, we pause extra debt payments until we get back to our fund amount.|

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

JUNE 22, 2020

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. Also, the monthly mortgage payment was less than our rent payment.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

JUNE 8, 2018

– other necessities: insurance, medical expenses, tithe/giving, savings, loan payments (credit cards, student, personal), Non-necessities could be: – Clothing, smart phone plan, recreation, gifts, beauty/personal, entertainment, anything that you might spend money on, but it’s not necessary for your survival.

Budgeting 133

Budgeting Budget Financial Goals Goals 133