Family Balance Sheet

MAY 6, 2020

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. Yep, life was good.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

JANUARY 3, 2012

We are still working through some numbers and there might be some adjustments in the timelines we have given ourselves, but these are our financial priorities for 2012. Our 2012 Financial Goals. Increase Family Emergency Fund to Six Months Salary. We want to go to Walt Disney World in the fall of 2012 or spring of 2013.

Financial Goals 127

Financial Goals Goals 2012 Emergency Fund 127

Prairie Eco-Thrifter

JUNE 30, 2014

We bought a house in 2012; we both have fulfilling careers and we have two little dogs that we consider fur babies. Setting Financial Goals: Make Them Smart and Simple So You’ve Maxed Out Your Emergency Fund – Now… How to Start a Savings Plan on a Low-Income. Money Tips'

Financial Goals 189

Financial Goals Goals Emergency Fund Finance 189

Family Balance Sheet

OCTOBER 18, 2019

The journey started in 2012 when we bought an office building for our business and then found ourselves with a lot of debt and not enough cash flow. We still have a mortgage, so we’re technically not DEBT-FREE, but we paid off over 6 figures of business debts and student loans since 2012 and have wiped out our NON-mortgage debt.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Prairie Eco-Thrifter

JANUARY 10, 2013

I have tried to do some reading this week which I have highlighted below: Great Reads From The Blogosphere: Despite 2012 being over, Invest It Wisely’s idea to fight the winter blues by giving to causes you believe in is a sure-fire way to ensure you’re on your way to a fantastic 2013. Working to build your emergency fund?

Emergency Fund 193

Emergency Fund Debt Student Fridays 193

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. Finances after the Pandemic: We went through a rough time back in 2012/2013 and we wrote our Debt Freedom Plan as a result of it. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep.

Budget 246

Budget Budgeting Family Debt 246

Family Balance Sheet

JUNE 11, 2014

It happened in 2006 and again in late 2012 to early 2013. Our current savings is not at a true emergency fund level of 3-6 months, but further down our plan, we will save up to that level. Over our 14 years in business, we have had to rely on our savings a few times to help cover expenses during tough months.

Debt 100

Debt Emergency Fund Financial Goals Motivation 100