Family Balance Sheet

MARCH 26, 2021

Do you have enough cash to cover them or would you have to rely on high-interest credit cards or a loan from your family? According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. What helped us through that time was the money we had saved in our emergency account.

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

FEBRUARY 22, 2011

Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. Three to six months living expenses used to be what the personal finance experts recommended, but in today's environment, maybe six months to a year is more prudent. It is not a spending account.

Emergency Fund 127

Emergency Fund 2007 Personal Finance Debt 127

Family Balance Sheet

JUNE 4, 2015

I manage the finances for our business and our family and by August 2013, I felt the weight of the situation. We paid our bills on time, never carried credit card debt from month to month, but in that moment we could not pay our bills. What looked like a great idea on paper, was turning out to be very challenging.

Goals 100

Goals Debt Renovation Daughter 100

Family Balance Sheet

MARCH 15, 2017

Instead I’m writing about my family’s experience with traditional health insurance and how it has affected OUR finances. We did take advantage of one benefit of a high deductible health plan: a Health Savings Account. And this is when the junk hit the fan. Title Image credit.

Health Insurance 100

Health Insurance Insurance Health 2003 100