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How We Frugal-ed in June 2022

Family Balance Sheet

Fast forward to early March 2020…pre-shutdown…my refrigerator was leaking and the freezer lights stopped working. He didn’t even bother trying to repair the leak, but he told me it might fix itself. I thought for that price, I would give it a try. He deemed the refrigerator unrepairable because of the lights!

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Our 2023 Financial Goals

Family Balance Sheet

In 2020, our financial goals were to read, research, and understand both college and retirement planning. The number will most likely not cover everything, but if they decide to pursue options that cost equal to or less than the amount we want to give them, they’ll be in great shape. Progress was made, but not nearly enough.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Our First Debt Freedom Plan: From saving for much-needed repairs and our emergency fund to paying off non-mortgage debts and planning for our future, we developed a 12 step Debt Freedom Plan. It was such a long process and at times, we wanted to give up. January & February 2020 – Life is good! March 2020 arrived.

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Create your debt freedom plan

Family Balance Sheet

Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. In January of 2020, we made summer plans (and bought airline tickets) to go see friends who moved to Europe. We also had some building repairs that we needed to cash flow. Brain dump!

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Either way, a passive income gives you extra security. You just give the work upfront.” Another key risk is that stocks or ETFs can move down significantly in short periods of time, especially during times of uncertainty, as in 2020 when the coronavirus crisis shocked financial markets.

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