Remove Budget Remove Emergency Fund Remove Finance Remove Renovation
article thumbnail

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. 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. Everything changed.

Debt 130
article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

During that time, I started to budget for everything. Every aspect of our lives was included in our budget. When people hear the word budget, they think “restriction” and “no fun”, but honestly that couldn’t be further from the truth. Another way to think of a budget is a spending plan.

Budgeting 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. Financially speaking, he focuses on building the business and I focus on managing our home and finances. ” By planning our meals and grocery list, I am able to maintain our grocery budget and still eat very well.

Debt 130
article thumbnail

Down Payment on a House: How Much Do You Really Need?

Savings Corner

Jumbo loans: As low as 5%-10% down payment (varies) Jumbo loans are home loans that fall outside of the Federal Housing Finance Agency’s conforming loan limits. Offers a generous selection of loans, including government-backed, interest-only, ITIN, jumbo, and renovation loans. Power and Zillow.