Family Balance Sheet

DECEMBER 29, 2020

I created it as a way to communicate our finances to my husband. One January, we received a very large credit card bill in the mail. I knew it was coming because we hadn’t planned for all of the gifts we bought in December and used a credit card to pay for them.

Budgeting 130

Budgeting Budget Family Property Taxes 130

Family Balance Sheet

MARCH 9, 2018

I created it as a way to communicate our finances to my husband. One January, we received a very large credit card bill in the mail. I knew it was coming, because we hadn’t planned for all of the gifts we bought in December and used a credit card to pay for them.

Budgeting 160

Budgeting Budget Family Property Taxes 160

Family Balance Sheet

JUNE 4, 2015

The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. The business softened, renovations were more costly than expected, and we were now the owners of two mortgages, our home and our business. We are communicating regularly. Unfortunately things changed rather quickly.

Goals 100

Goals Debt Renovation Daughter 100

Family Balance Sheet

SEPTEMBER 21, 2015

We carried no credit card debt and we contributed to our retirement. But in August 2013, our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages, our home and our business. Communicate with your spouse. Prior to that, we thought we were golden.

Finance 100

Finance Debt August 2013 100

Family Balance Sheet

MAY 6, 2020

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. As the Family Office Manager , I handle the day-to-day finances for our family and I needed a way to communicate our finances to my husband. What got us through financially?

Debt 130

Debt Emergency Fund 2007 2020 130