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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. My second prayer is that my family gets through this crisis financially. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal.

Budgeting 246
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Our Big Financial Goal for 2016

Family Balance Sheet

As God is my witness, it WILL be the year that we pay off the last of our non-mortgage debt. 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. I’ll apply that money to the debt. Restaurants. Home Projects.

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Financial Success: It’s Not Always About Your Income

Prairie Eco-Thrifter

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. Now, all of a sudden, we had enough money that we could try nicer restaurants. We make plenty!” However, this isn’t always the case. We live in a semi-rural area in Utah.

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Our 2018 Financial Goals

Family Balance Sheet

This is our very last non-mortgage loan and we send an extra payment every month as part of our Debt Freedom Plan. We bought a used pop-up several years ago and it was one of the best decisions for our family We absolutely adore camping, and we’d like to upgrade to a travel trailer. I’ll apply that money to the debt.

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Meet a Reader | Mbmom11, in the Midwest

The Frugal Girl

I live in the Midwest with my family. Growing up in a large family, we had enough, but with the specter of inflation and bad job market (gotta love the 70’s and 80’s) , there was definitely a feeling of needing to make sure you had a cushion. Why do I want to save money? Here’s MB: 1. That is priceless.