Family Balance Sheet

MAY 6, 2020

We’ve had several instances over the years that have shaped how we viewed and managed our money. 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. Our first storm: 2007.

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. However, reality set in on April 1st and I’m now second-guessing that we have enough money set aside, so I have set into motion some strategies to prepare for the unstable economy and any lost income ahead. Stop sending an extra payment to our mortgage.

Budgeting 246

Budgeting Budget Family Debt 246

Family Balance Sheet

JUNE 22, 2020

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. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts.

Debt 130

Debt Health Insurance Insurance Budgeting 130