Family Balance Sheet

MAY 6, 2020

How Our Debt Freedom Plan Prepared Us for the Pandemic. 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. We’d survived the dip in 2007, carried no credit card debt, and we were contributing to our retirement. Our first storm: 2007.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

DECEMBER 29, 2020

I created it as a way to communicate our finances to my husband. Years ago, there was a month where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. Many years ago, we could say yes to the questions in the above graphic. This is a 12-month spreadsheet.

Budgeting 130

Budgeting Budget Family Property Taxes 130

Family Balance Sheet

JUNE 4, 2015

However a few years ago, we found ourselves with too much debt and not enough cash. The business softened, renovations were more costly than expected, and we were now the owners of two mortgages, our home and our business. As much as I wanted to be a property owner, the extra debt was beginning to suffocate us.

Goals 100

Goals Debt Renovation Daughter 100

Savings Corner

DECEMBER 24, 2023

But now, as we approach the end of 2023, inflation is much lower but home prices and mortgage rates are both sky-high. Determine why you want to buy a house Purchasing a home is a major decision that shouldn’t be taken lightly. Make a list of what’s important to you in a home. Is location the top priority?

Real Estate 52

Real Estate Buy Buying Credit 52