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Introducing: Family Budget Spreadsheets

Family Balance Sheet

I’ve been working behind the scenes on a tool that I personally use to track and organize our finances: Family Budget Spreadsheets. This blog was based on my very first spreadsheet, the Family Balance Sheet. That first family balances sheet sparked my love for spreadsheets, and over the years I created many more out of necessity.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. My second prayer is that my family gets through this crisis financially. 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. More family time!

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

My family’s finances have also been affected. It was during this time that I created my first Family Balance Sheet. As the Family Office Manager , I handle the day-to-day finances for our family and I needed a way to communicate our finances to my husband. Storm #2: 2013. Everything changed.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

I manage the finances for our business and our family and by August 2013, I felt the weight of the situation. On top of our normal day to day expenses, the new property taxes were due, we had more ownership expenses than we realized, and we had a family to feed. We are in control of our cash flow.

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How We Paid off Six Figures of Debt

Family Balance Sheet

By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. The good news is that the consistency my husband and I both had prior to 2013 allowed us to build a decent amount in our retirement. The post How We Paid off Six Figures of Debt appeared first on Family Balance Sheet.

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