Remove Debt Remove Heaters Remove Repairs Remove Unemployment
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How to Build your Emergency Fund

Family Balance Sheet

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. I’m going back to bed! Where Should the Money Go?

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How to Build your Emergency Fund

Family Balance Sheet

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?

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

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. The total cost for the new tires and the dryer repair was $900. Several years ago, our other vehicle needed new tires to pass inspection and our hot water heater stopped working.