article thumbnail

Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. We think we’ll use the money towards summer vacation. We’re converting our basement to a family room area and the original family room (in the pic above) is becoming a home office. I put down half the money and financed the other half.

Finance 130
article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. Life, as we knew it came to a halt for so many of us in mid-March, and life going forward will forever be known as pre-pandemic or post-pandemic. My family’s finances have also been affected. How Our Debt Freedom Plan Prepared Us for the Pandemic.

Debt 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Build your Emergency Fund

Family Balance Sheet

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. What helped us through that time was the money we had saved in our emergency account.

article thumbnail

Over 40 and Worried about Money? Start here!

Family Balance Sheet

They’re taking a gap year between high school and college. We’re struggling with it all too. But for our own safety net, we must make our finances a priority. If you’re married, you MUST do this with your spouse.) Use my Family Balance Sheet excel spreadsheet to help you organize your finances.