Remove Class Remove College Remove Emergency Fund Remove Press
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Create your debt freedom plan

Family Balance Sheet

After the FPU class, we looked at our debts differently. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business. Start college funds for our two girls.

Debt 130
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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. I remembered that I have a french press (still in the box) sitting in my cupboard. Emergency Savings = Last Resort. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep.

Budgeting 246