Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We were privileged to be able to do so for a few months but we must stop this for the unforeseeable future. Cash is King.

Budget 246

Budget Budgeting Family Debt 246

Family Balance Sheet

JANUARY 17, 2018

This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. I want to challenge myself to rethink our purchases by taking advantage of more cost effective solutions, like borrowing, buying second hand, or just making do with what we already have. Save for a camper upgrade.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

JANUARY 26, 2016

As God is my witness, it WILL be the year that we pay off the last of our non-mortgage debt. That was the month I didn’t know if we had enough funds to cover our expenses. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan. Apply any Found Money to Debt.

Financial Goals 100

Financial Goals Goals 2016 Debt 100

Prairie Eco-Thrifter

FEBRUARY 4, 2014

My husband and I were graduate students with loans and credit card debt, and we were certain that a higher income would solve all of our problems. It’s not about a higher income; it’s about what you do with your money. We knew we wanted to save for retirement, and that we wanted to keep giving to charity.

San Francisco 248

San Francisco Emergency Fund Money Utah 248