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Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. I said goodbye to mini-van life in January when we traded in our 2007 Honda Odyssey for a 2018 Toyota Highlander. I put down half the money and financed the other half. That’s our January finances in a nutshell, how was our month? ” Yes, I am.

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Welcome to 31 Days to Organize Your Finances. 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. We would not have survived with just $1000 starter fund back in 2007. Our business became difficult. Six months?

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. 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. For a variety of reasons, our business slowed down in 2007.

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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. We would not have survived with just a $1000 starter fund back in 2007. A Very Tough Year.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Although my parents never specifically taught me about finances, they lived a frugal life by necessity. I learned from the best, but I believe that a personal finance course should be a requirement for both high school and college graduation. I grew up in banking and held other finance-related positions during my working years.

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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. For a variety of reasons, our business became difficult that year. It was a scary time for us.

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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.