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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We didn’t have enough cash saved to buy a car without a loan and that wasn’t sitting well with me. I will eventually buy a machine, but for now, my morning coffee is secure.

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Our Family Finances Update: January 2021

Family Balance Sheet

The backstory: In November 2019, my van was in need of new tires and I was debating on whether to get the new tires or start looking for a replacement vehicle. For obvious reasons, this trip was canceled and at this point, we’re not sure when it will happen. We…took out a car loan. Yes, you read that correctly!

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