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Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. 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. I put down half the money and financed the other half. Found Money in January: $1681. year-old van.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. 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. Everything changed. I still use my spreadsheet to this day!

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Net Worth Defined: What Is My Net Worth?

Savings Corner

On the other hand, even people with modest incomes can accumulate significant wealth and a high net worth if they buy appreciating assets and are prudent savers. A person can bring home a big paycheck but have a low net worth if they spend most of their money. Tax Filing Webinar — Jan. Net worth of U.S. families by income Net worth of U.S.

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Meet a Reader | Mid-Atlantic Julia

The Frugal Girl

I think I started reading FG regularly in 2018 or 2019. In my 20’s, I finally had a “real” job and wanted to buy a newer car. , baking, library storytimes, and being involved in our church’s Bible study, meals for the sick, and other various ministries. canned peaches = summer in a jar 2. homemade bagels!

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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. 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. I have been using it ever since.

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Have a Mindful March!

Family Balance Sheet

We made one big financial goal for 2019 and are striving and working hard to make progress. We started the year with a great January and made some progress with our goal, so to continue the momentum, I wanted to double down on our financial goal and be very mindful with our finances. Do you buy groceries, but have nothing to eat?

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How We Paid off Six Figures of Debt

Family Balance Sheet

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. When that loan was paid off, we put that full amount towards the third loan and this continued until September 2019. Financially speaking, he focuses on building the business and I focus on managing our home and finances.

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