Family Balance Sheet

JUNE 22, 2020

How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Everything looked great on paper.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Prairie Eco-Thrifter

NOVEMBER 11, 2013

A person, trying to help a family member figure out how to pay taxes on their home and thus be able to keep possession of the fully paid off home suggested that the family member take in a roommate to earn some extra money. The intention was to get some extra money and get the real estate taxes paid.

Real Estate 183

Real Estate Money Kids and Family Budgeting 183

Family Balance Sheet

MAY 6, 2020

By the end of 2007, our business gained back its momentum, but not before we practically wiped out our emergency fund with barely enough to get us through one more month. We spent the next few years building our savings back up to the level we had prior to 2007. How to Build your Emergency Fund. Yep, life was good.

Debt 130

Debt Emergency Fund 2007 2020 130

Prairie Eco-Thrifter

JANUARY 14, 2012

MoneySmartGuides : The Real Cost of Eating Out – I was looking over my budget for the previous month and something stood out. After checking and rechecking and I discover the real cost of eating out! Young Family Finance : Appropriate Tip – Find out what an appropriate tip is when you are eating out.

Credit Cards 220

Credit Cards Credit Finance Personal Finance 220

Prairie Eco-Thrifter

NOVEMBER 4, 2011

Check the register receipt with them to show them how it lists out the items, the price and the taxes (a great opening to introduce the concept of why we have taxes). While you are eating supper. Point out all of the various people working there and help them figure out what they are doing. Seeing a movie.

Money 187

Money Parenting Kids and Family Gasoline 187

Family Balance Sheet

MAY 27, 2015

We’re now on Baby Step #7 (building wealth, which includes college funding). Ryan still keeps track of his spending in his spiral notebook (mainly for tax purposes for reffing). Using coupons for eating out. We also are both trying to build our “second jobs” to increase our income. Obviously, I disagree with that.

Debt 100

Debt Debt Free Pay Off Debt Finds 100