Family Balance Sheet
JANUARY 19, 2011
My financial binder holds my monthly to-do list , my yearly goals, our Family Balance Sheet , our family budget, and our business budget and statistics. I keep separate binders for our Business Expenses & Statements , Business Taxes , Health Savings Account , Retirement , my passwords (with alphabet tabs), and Workouts.
Family Balance Sheet
MARCH 15, 2017
COBRA (an acronym for Consolidated Omnibus Budget Reconciliation Act of 1985) is a law that was passed during the Reagan administration that allows employees to continue their health coverage after leaving employment, but the employee must pay for it. I had no idea how easy health care was for us until I left that corporate job.
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Saving Cents With Sense
MAY 26, 2014
Only 32 percent of Americans prepare a monthly budget, according to a Gallup poll taken in June 2013. Creating a short-term budget and long-term financial plan can not only help you get out of debt once and for all, but they can also guide you to economic independence and prosperity. Build a Budget & Emergency Fund.
Family Balance Sheet
SEPTEMBER 13, 2017
We have had high deductible health insurance plans since 2004 and during that time, we only hit our deductible one year. However, due to depleting the $10k we had set aside, we must now build our savings for future medical bills. Everything changed very suddenly on Saturday, June 25, 2017 when one of my children started complaining.
Family Balance Sheet
FEBRUARY 9, 2018
That was a hit to our budget, but we reworked our numbers to find the funds and make it fit. We had high deductible health plans from 2004 – 2016 and contributed many years to a health savings account. We used those funds to pay for our medical bills in 2017 and that account is now depleted and closed.
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