Remove 2007 Remove Building Remove Debt Remove Unemployment
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How to Build your Emergency Fund

Family Balance Sheet

If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. We have lived through some challenging months as small business owners, but 2007 was a very tough year for us. Both books provided the blueprint for Our Debt Freedom Plan. Your future self will be grateful. .

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How to Build your Emergency Fund

Family Balance Sheet

We have lived through some challenging months as small business owners, but 2007 was a very tough year for us. By the end of 2007, our business picked up again–thankfully–but not before we practically wiped out our savings with only $2000 left to spare, not enough to get us through one more month. A Very Tough Year.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

The year 2007 held such promise for us when it started, but by the end of the year we were brought to our knees. As self-employed owners of a small business, we have lived through some tough months, but in 2007, it was a tough year. Which comes first: saving for an emergency OR paying off debt? It was a scary time for us.