Family Balance Sheet

MAY 21, 2021

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. If debt freedom is your goal , what can you accomplish THIS year? 1 – Calculate your debt.

Debt 130

Debt Goals Debt Free Pay Off Debt 130

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

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. We shopped around and test drove several, but I couldn’t shake a feeling of discomfort. After paying off our last non-mortgage debt in September 2019, we updated our Debt Freedom Plan. Being self-employed, we need the security that it offers.

Budgeting 246

Budgeting Budget Family Debt 246