Family Balance Sheet
MARCH 26, 2021
Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. That emergency fund saved our business, our sanity, and our marriage.
Family Balance Sheet
FEBRUARY 11, 2016
You see, we learned a valuable lesson many years prior about the importance of an emergency fund. We have lived through some challenging months as small business owners, but 2007 was a very tough year for us. That emergency fund saved our business, our sanity, and our marriage. What is an Emergency Fund?
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Family Balance Sheet
OCTOBER 13, 2014
By the end of the month, my goal is to help you have a detailed financial plan for your family. Both instances could have brought us down and we could have reached for a credit card, but thankfully, my husband and I are pretty adamant about having an emergency fund and I want you to become adamant about having one too.
Family Balance Sheet
MAY 6, 2020
Our first storm: 2007. 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 small business owners, we have lived through some tough months, but in 2007, it was a tough year. For a variety of reasons, our business slowed down in 2007.
Family Balance Sheet
AUGUST 11, 2016
We still refer to it often to remind ourselves of our goals and objectives. Start Saving for your Emergency Fund TODAY! We had a very tough year back in 2007. We reduced our spending where we could that year, but the money to pay any shortfall each month came from our emergency fund. Where We Stand.
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