Family Balance Sheet

MARCH 26, 2021

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. Both books provided the blueprint for Our Debt Freedom Plan.

Emergency Fund 130

Emergency Fund Building 2007 Credit Cards 130

Family Balance Sheet

FEBRUARY 22, 2011

Surely unemployment, reduced income or a business downturn is considered an emergency, but so is a leaking roof, a broken hot water heater, or a dead car battery. Which comes first: saving for an emergency OR paying off debt? Once that debt is paid off then start building up you emergency fund to your desired number.

Emergency Fund 127

Emergency Fund 2007 Personal Finance Debt 127

Family Balance Sheet

OCTOBER 13, 2014

We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Several years ago, our other vehicle needed new tires to pass inspection and our hot water heater stopped working. For more on that, read Our Debt Freedom Plan.

Emergency Fund 100

Emergency Fund Finance Organic Organization 100

Family Balance Sheet

FEBRUARY 11, 2016

In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. As you know, I am a huge follower of Dave Ramsey and his books, The Total Money Makeover and Financial Peace provided the blueprint for our Our Debt Freedom Plan. Have you had weeks like that?

Emergency Fund 100

Emergency Fund Building 2007 Credit Cards 100

Family Balance Sheet

JULY 20, 2011

We certainly don't want to go into debt either. A warranty saved us a lot of money when our fairly new hot water heater unexpectedly broke last fall. Just one more thing to save money for, but this will help you (and me) avoid going into debt when our appliances need replaced. My main concern is that AC unit.

Appliances 138

Appliances Washer and Dryer Emergency Fund Warranties 138

Family Balance Sheet

OCTOBER 12, 2018

This money went into our regular checking account, but I’d like to start directing it towards our debt. However, this weekend the cool crisp weather that makes me love fall will hit us and I’m hoping for several days or even weeks before we must turn on the heater. Here’s what I’ve found recently: $17.60

Frugal 100

Frugal Freezers Friends And Family Sale Financial Goals 100

Prairie Eco-Thrifter

JANUARY 14, 2012

The Debt Princess: The Kool-Aid Effect: The Relationship Between the Poor & Nutrition – A look into how the working poor are eating unhealthy. Buy an energy efficient water heater. Debt consolidation loans help minimize the payment you have to pay, which was a huge help back when I was a broke college graduate.

Credit Cards 220

Credit Cards Credit Finance Personal Finance 220