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How our Debt Freedom Plan Prepared Us for the Pandemic

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. It kept me up at night.

Debt 130
Debt Emergency Fund 2007 2020 130
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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. In early March before the crazy began, we decided to order the tires and stick with the van for another year or two and save up more funds to buy our next vehicle. Boy, are we glad we made that decision. No car payment = peace of mind. Cash is King.

Budgeting 246
Budgeting Budget Family Debt 246
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