Family Balance Sheet
MARCH 26, 2021
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. By the end of 2007, our business picked up again–thankfully–but not before we practically wiped out our savings.
Family Balance Sheet
FEBRUARY 22, 2011
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. Take a deep breath, because with a well-funded emergency savings account, you're covered.
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Family Balance Sheet
FEBRUARY 11, 2016
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. Create a separate savings account and call it your Emergency Fund. Be diligent about how you use this account. A Very Tough Year.
Family Balance Sheet
OCTOBER 13, 2014
As self-employed owners of a small business, we have lived through some challenging months, but the year 2007 was especially tough for us. Every month, our income must cover our business and household expenses, but many months in 2007, our income barely covered our business expenses, leaving nothing left for our household.
Prairie Eco-Thrifter
MARCH 4, 2014
Even though we bought a house in 2007, I never once expected it to be a money-maker. If all you do is use the savings account, you’ll never grow your wealth fast enough to truly enjoy it while you are young enough to. This book encouraged me to stop thinking of my primary residence as an investment.
Family Balance Sheet
AUGUST 11, 2016
.” Recently Go Banking Rates conducted two studies on savings rates with startling results. Almost 70% of Generation X have less than $1000 in personal savings account. *. of Generation X report a retirement savings account balance of $0.**. of Gen X report they have saves less than $10,000 for retirement.**.
The Frugal Girl
MARCH 4, 2024
Now I wish those dollars had gone into our savings accounts. In 2007, when the kids were 8 and 13, we recreated that trip – with a travel trailer and bunks instead of a miniscule tent. Alan doesn’t share that regret. We didn’t start a family until we were married for almost 15 years.)
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