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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. Pre-coronavirus, I considered having 3 months of expenses saved in cash to be sufficient. My second prayer is that my family gets through this crisis financially. Post-coronavirus, not so much!

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. We have more important things to do with our money besides sending a large portion of it to the creditors every month.

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Embrace the Negative!

Prairie Eco-Thrifter

” p 88 Mark Haynes Daniell in Strategy for the Wealthy Family – Seven Principles to Assure Riches to Riches Across Generations. Was it the time you were able to save up and pay for something, or the time the re-possessor came around and took that car back? Don’t rush to bail out your kids, or do things for them.

Debt 167
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Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Save for a camper upgrade. If not, we’ll start saving in 2019.

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My 2020 Financial Goals & A Recap of 2019

Family Balance Sheet

My word was REDUCE: Non-mortgage debt to zero. There were hits and misses on this list, and many are things that I will continue to work on, but let’s recap: 1 – Reduce non-mortgage debt to zero. We’ve been working since 2013 to pay off a boat load of non-mortgage debt. clutter/stuff that we don’t need.

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Meet a Reader | Mbmom11, in the Midwest

The Frugal Girl

I live in the Midwest with my family. I have 11 kids, ages 9-29, and two cats. I like to bake and read, and I spend time chauffeuring kids to activities and games. I volunteer at my kids’ school at lunch time and other events. How did you get interested in saving money? Why do I want to save money?