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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. We think we’ll use the money towards summer vacation. We would have used this sectional in our basement, but it’s too big to get through the basement door. I put down half the money and financed the other half. Found Money in January: $1681.

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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. Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. 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. 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.

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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.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Box are some of my favorite authors) and I use the library to borrow both regular books and electronic resources. Although my parents never specifically taught me about finances, they lived a frugal life by necessity. I can see the appeal of international travel, but neither one of us ever had that particular itch.

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How to Build your Emergency Fund

Family Balance Sheet

With little money in their bank accounts, these Americans couldn’t afford these unfortunate expenses without using a credit card or maybe relying on a loan from family and friends. We have lived through some challenging months as small business owners, but 2007 was a very tough year for us. 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. It was a scary time for us. It was a life saver, a sanity saver and a marriage saver.