Family Balance Sheet

OCTOBER 18, 2019

We still have a mortgage, however I feel like we can switch gears to be less focused on paying off debt and more focused on saving money, building our net worth and retirement, setting up a plan for college for our girls, and having some fun. 1 – Save a starter Home Emergency Fund. DONE – 6/1/2014. DONE 2015.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Prairie Eco-Thrifter

JULY 16, 2014

With just a few years separating them from retirement, they were both laid off unexpectedly, the year before I started college. When it comes to emergencies, it’s not so much a question of if, but rather, when. So build up the emergency fund now, so that the when doesn’t catch you before you’re ready for it.

Emergency Fund 174

Emergency Fund Insurance Recession Unemployment 174

Prairie Eco-Thrifter

JANUARY 10, 2013

Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. What You Need to Know About Student Loans As education becomes more and more expensive, many students must take out student loans to pay for college.

Emergency Fund 193

Emergency Fund Debt Student Fridays 193

Prairie Eco-Thrifter

MAY 21, 2013

There are numerous factors to consider when deciding whether to buy your first home or to continue renting – especially when you’re out of college. If you don’t have an emergency fund in order to make at least the approximate payment of your anticipated mortgage and expenses, you are not ready to make the leap into home ownership.

Home 186

Home Emergency Fund Buy Buying 186

Prairie Eco-Thrifter

MARCH 25, 2013

What happens if you are hit with an expense that you can’t afford, and your emergency fund just isn’t up to scratch yet? Unfortunately, these sources of quick cash are among the worst possible ways to fund your emergency. Your friends and family can be one source of funds if you need help.

Emergency Fund 221

Emergency Fund Taxes Cars Car 221

Family Balance Sheet

JUNE 30, 2015

At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds.

Financial Goals 100

Financial Goals Debt Goals Emergency Fund 100

Prairie Eco-Thrifter

MAY 25, 2014

These were my college years, when I made lots of stupid decisions. I wasn’t doing anything wrong back then; my family lived within our means, we had an emergency fund, and we were saving for retirement and our son’s college costs. What Were You Thinking? The “what were you thinking?”

Money 209

Money Giving Las Vegas Credit Card Rewards 209

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep. I connected with some college friends via Zoom for a happy hour. Being self-employed, we need the security that it offers.

Budgeting 246

Budgeting Budget Family Debt 246

Prairie Eco-Thrifter

JANUARY 30, 2013

I have emergency supplies in the car, including blankets, food, flares, and First Aid. Whenever I travel, I also take water (the result of an unfortunate stranded-in-the-desert incident during college). You can augment with other emergency sources as well. However, I also keep emergency funds in a taxable investment account.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Saving Cents With Sense

MAY 26, 2014

Most people want to get out of debt, while others want to save for their children’s college educations or a new home. Income should include all funds from paychecks, government assistance, annuity payments and so forth. Build a Budget & Emergency Fund. Here are four tips to get you started: Plan for Your Plan.

Emergency Fund 71

Emergency Fund Goals 2008 Debt 71

Family Balance Sheet

MARCH 19, 2014

Save $$$ Home Emergency Fund – Dave suggests to start at $1000, but being self-employed, ours is much higher, but it is not quite 3-6 months of expenses. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses. Start college funds for our two girls.

Debt 100

Debt Money Emergency Fund Goals 100

Prairie Eco-Thrifter

JULY 28, 2014

Not long after college, a friend of mine gave me a list of recommended books. Those books, Kiyosaki’s Rich Dad, Poor Dad , Ecker’s The Millionaire Mind , Orman’s Money Book for the Young, Fabulous, and Broke , among others, became the catalyst for a brand new personal hobby… money. I started counting it, tracking it, and trying to grow it.

Hobby 189

Hobby Money Making Goals 189

Prairie Eco-Thrifter

JULY 10, 2014

I like travel, I feel it’s important to set money aside for retirement and my son’s college education, and I like charitable giving. Money is automatically deposited into the retirement and emergency fund accounts, as well as to my son’s 529. I want to have good experiences with the people I love. must be paid.

Budgeting 218

Budgeting Budget Work Making 218

For the Mommas

JANUARY 19, 2016

Add to Your Emergency Fund. An emergency fund can never have too much money in it. If you have an emergency fund to add to, then add to it. A tax refund is a perfect opportunity to put money into a college fund for your child. You never know when you may need to fall back on it.

Taxes 40

Taxes Emergency Fund Debt Money 40

Prairie Eco-Thrifter

JULY 4, 2011

Sean Smarty from Grow Money talks about How to Invest During College. Money Thinker from Money Thinking asks Is Going to College Still Worth It? Squirrelers from Squirrelers presents The Case for a Bigger Emergency Fund. Is the conventional advice of keeping a 3 to 6 month emergency fund still valid?

Personal Finance 240

Personal Finance Finance Family Debt 240

Prairie Eco-Thrifter

NOVEMBER 12, 2011

The College Investor: Top Five College Myths – Dispelled! – A look at some of the biggest myths about college, and why they are not true! Money Talks Coaching: Finding Your Emergency Fund – I hear you saying “I know emergency funds are important, but how am I supposed to save money when I can’t even pay my bills?”

November 188

November 2011 Personal Finance Finance 188

Family Balance Sheet

JANUARY 3, 2012

Increase Family Emergency Fund to Six Months Salary. Start College Savings Accounts for our Girls. Currently, we have about 3 months salary saved, but we are self-employed and should have a six month security net. This might take us 2 years to achieve. The amount needed is yet to be determined.

Financial Goals 127

Financial Goals Goals 2012 Emergency Fund 127

Family Balance Sheet

SEPTEMBER 9, 2014

We paid for braces, college tuition for my son, and did fun stuff like traveling while we were paying off debt. I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. Building an emergency fund also helps enormously.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

JANUARY 26, 2016

We have a retirement to plan , our daughters’ college to save for, and many places to visit. Fortunately we have an emergency fund and a personal escrow account for our yearly and quarterly expenses to keep us stable, but we do need to be diligent at staying within our budget. The Game Plan: 1.

Financial Goals 100

Financial Goals Goals 2016 Debt 100

Penny Pinchin' Mom

MARCH 11, 2024

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. It’s an actual need.

Saving Money 52

Saving Money Money Saving Credit Cards 52

Prairie Eco-Thrifter

OCTOBER 15, 2011

Better to refinance and sink those funds into the treasury market! The College Investor : Best Defensive Stock Sectors The best stock sectors for playing defense in a rough market. Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund.

October 200

October 2011 Finance Personal Finance 200

Saving Cents With Sense

JANUARY 1, 2014

Having money automatically go into your account will help you stick to your resolution and save for your future, such as an emergency fund, a child’s college education, or retirement. Start with just a $25 automatic deduction each pay period and increase it if you are able to in the future.

2014 88

2014 Saving Bills Emergency Fund 88

The Frugal Girl

JANUARY 29, 2024

When my daddy passed last January, I inherited all the heavy farm labor responsibilities- I never knew I could have impressive muscles😊 It feels like I’ve been going to a homesteading college this year, it’s a love/hate relationship. We have sheep, an old goat, chickens, guineas, dogs & cats.

Arkansas 183

Arkansas Frugal College Kids and Family 183

Family Balance Sheet

JANUARY 20, 2017

emergency fund, so we started throwing what little extra we had straight. First, we will save our six-month emergency fund. savings for college for our girls. Did you follow a particular debt freedom plan or book, such as Dave. Ramsey or Debt-Proof Living? We followed most of Dave Ramsey’s principles.

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100

Saving Cents With Sense

JANUARY 3, 2017

Having money automatically go into your account will help you stick to your resolution and save for your future, such as an emergency fund, a child’s college education, or retirement. Start with just a $25 automatic deduction each pay period and increase it if you are able to in the future.

New Year's 40

New Year's Saving Bills Emergency Fund 40

Saving Cents With Sense

JANUARY 1, 2015

Having money automatically go into your account will help you stick to your resolution and save for your future, such as an emergency fund, a child’s college education, or retirement. Start with just a $25 automatic deduction each pay period and increase it if you are able to in the future.

New Year's 40

New Year's Saving Bills Emergency Fund 40

Family Balance Sheet

JANUARY 17, 2018

Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses. Start college funds for our two girls. 2017 Update.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

FEBRUARY 3, 2016

The next goals in line would be to build up a 3 month emergency fund and save enough money to replace my car. The post Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College appeared first on Family Balance Sheet. This series was written based on the experiences of others who have become debt free.

Debt 100

Debt Debt Free College Finds 100

Prairie Eco-Thrifter

AUGUST 19, 2012

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. This is a reserve of money for emergencies; leave it alone and don’t go dipping into it for general spending. Let’s look at some of these strategies now.

Emergency Fund 222

Emergency Fund Insurance Debt Credit Cards 222

Family Balance Sheet

MAY 27, 2015

Ryan is a high school math teacher and also officiates college basketball (November thru March). We skipped Baby Step #5 (college funding) because we didn’t have kids at the time. We’re now on Baby Step #7 (building wealth, which includes college funding). I also blog at Snyders Tell All.

Debt 100

Debt Debt Free Pay Off Debt Finds 100

Family Balance Sheet

FEBRUARY 10, 2017

Build up our Emergency Funds to 3-6 months of expenses. Start college funds for both girls. Pay off the student loan, using the debt snowball method. Projected pay off date December 2018. We’ll use the debt snowball payment to expedite this process.

Debt 100

Debt 2017 Student 2016 100