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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. Both books provided the blueprint for Our Debt Freedom Plan. 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.

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. As self-employed owners of a small business, we have lived through some challenging months, but the year 2007 was especially tough for us. Our business became difficult.

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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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Frugal doubt.

Finally Frugal

After all, if (and this is a big IF) the housing market ever recovers (or just stops resulting in decreasing value) then I may be able to sell my house without creating equity by paying off my second mortgage debt. Americans have lost about $9 trillion worth of household wealth since 2007, largely because of falling home values.

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