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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. Found Money in January: $1681. Found money can be found from various sources, such as rebates, refunds, online sales, or even the ground. We think we’ll use the money towards summer vacation. I put down half the money and financed the other half.

Finance 130
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My 2020 Financial Goals & A Recap of 2019

Family Balance Sheet

This will always be a work in progress and you’ll understand why it will be more crucial for me when you read my 2020 goals below! Moving on to 2020! In 2020, I haven’t been able to choose one word that resonates with me like REDUCE. Bring it, 2020! Did you chose a word for 2020? I still eat sweets.

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How We’re Using Upromise to Save for College

Family Balance Sheet

Hello, 2020. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. We want to assist them in financing their college years and we needed to make some progress. Show me the money! But my point of this post is not to discuss the pandemic.

College 130
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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

With passive income, you can have money coming in even as you pursue your primary job, or if you’re able to build up a solid stream of passive income, you might want to kick back a little. Opportunity: A course can deliver an excellent income stream, because you make money easily after the initial outlay of time.

Money 52
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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. We’ve had several instances over the years that have shaped how we viewed and managed our money. January & February 2020 – Life is good! March 2020 arrived. Everything changed.

Debt 130
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Net Worth Defined: What Is My Net Worth?

Savings Corner

A person can bring home a big paycheck but have a low net worth if they spend most of their money. Liabilities : Any money you owe to another person or entity falls under this category. Net worth calculator A smart view of your financial health Get a quick read on how you’re set up to meet expenses and money goals.

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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. What helped us through that time was the money we had saved in our emergency account.