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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Pre-coronavirus, I considered having 3 months of expenses saved in cash to be sufficient. Every night my first prayer is that this virus starts to mitigate, the curve flattens to a manageable level for our health care system, and lives are saved. Emergency Savings = Last Resort. Post-coronavirus, not so much!

Budgeting 246
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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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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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Meet a Reader | Mbmom11, in the Midwest

The Frugal Girl

How did you get interested in saving money? I think I’ve always liked to save money. 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. That is priceless.

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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.