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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’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe. Cash is King.

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

Family Balance Sheet

– other necessities: insurance, medical expenses, tithe/giving, savings, loan payments (credit cards, student, personal), Non-necessities could be: – Clothing, smart phone plan, recreation, gifts, beauty/personal, entertainment, anything that you might spend money on, but it’s not necessary for your survival.

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