Family Balance Sheet

OCTOBER 18, 2019

After years of scrimping and saving and not spending extra money on things, we have achieved the biggest financial goal we have ever set for ourselves in our 19 years of marriage. 1 – Save a starter Home Emergency Fund. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

JUNE 22, 2020

As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund. In September 2001, we bought a 1700 square foot home with a one-car garage and ONE full bathroom. Small home = Low Expenses.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

FEBRUARY 10, 2017

At that time, I couldn’t cash flow the office budget, home budget, our loans, and retirement savings. Where our mortgage enters the equation: We bought our modest home in September 2001, before home prices soared and inevitably, tanked. We bought our home in 2001. Build up our Emergency Funds to 3-6 months of expenses.

Debt 100

Debt 2017 Student 2016 100