Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. How I’m managing our family budget during the Pandemic: We pay ourselves at the beginning of each month, so when this crisis started in mid-March, we were covered for the month. Budget items we are temporarily stopping for now: EVERYTHING ELSE!

Budgeting 246

Budgeting Budget Family Debt 246

Family Balance Sheet

MAY 6, 2020

For many households, their finances and budgets are in limbo. 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 have hit uncertain times and this pandemic has felt like a wall that is unscalable.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

APRIL 9, 2021

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. Number 4 was knocked out in 2019. DONE November 2019.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

MAY 21, 2021

It took us years to pay it all off, but we achieved it in 2019. The link will give you all of the information you need to complete the sheet. A leaky roof was one of the priorities to give you an idea. However, there were also things that we didn’t give up. Did you make a goal to pay off debt this year?

Debt 130

Debt Goals Debt Free Pay Off Debt 130

Family Balance Sheet

JANUARY 17, 2018

If nothing changes, this loan will be paid off by end of 2019, but I’d love to move that up and say adios to this loan! If not, we’ll start saving in 2019. However, we could use a year of extra thriftiness to find any extra funds to accelerate the $10k. Move up the Student Loan Payoff Date. Be Exceptionally Frugal.

Financial Goals 113

Financial Goals Goals 2018 Debt 113