article thumbnail

Our 2023 Financial Goals

Family Balance Sheet

Did you make 2023 financial goals ? We decided on one big audacious financial goal for the year, and it’s a doozy! The last time we wrote numbers-driven financial goals was 2019. But after that, our goals were not as specific. Did you make any 2023 financial goals?

article thumbnail

Frugal February

Family Balance Sheet

How did you do with your financial goals in January? We have only one financial goal for 2019 and we made some progress in January. It was a great feeling to make that payment, and to continue the momentum I want to double down on our financial goal. The goal of Frugal February is NOT to feel deprived, .

February 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Family Office Manager

Family Balance Sheet

Instead, he shared the story about Susan, a wife, and mother who handled all of the financial tasks in her home, from budgeting to making investment decisions. I read this book around the same time that I became a mother and left the full-time workforce to stay at home with our new baby. Project short-term cash needs.

Office 130
article thumbnail

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

Family Balance Sheet

Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. I discovered the term, Zero-Based Budget, when my husband and I took Dave Ramsey’s Financial Peace University home course many years ago. Another way to think of a budget is a spending plan.

Budget 133
article thumbnail

How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

Debts still need to be paid, cars will need new parts, homes will need to be repaired, and kids will need braces. My Excel spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. Tangible Assets would be the VALUE of your home.

Family 241
article thumbnail

Marriage and Money: 5 Tips To Reduce the Money Arguments

Family Balance Sheet

The tasks will vary between households, so devise a to-do list of your family's financial tasks , so that the FOM knows what is expected of them. That is a joint responsibility between the two spouses (at least in our home). Make Clear Financial Goals {Together}. Or buy a home? Be realistic, but dream a little too.

Money 225
article thumbnail

How We Frugal-ed in June 2023

Family Balance Sheet

My goal has always been to live well on less while achieving our big financial goals. However, we all agreed that the existing furniture was not comfortable, especially to watch movies. Frugal living is not about deprivation. Instead, I look for creative ways to save my family money in all aspects of our lives.

Frugal 100