Remove Eating Out Remove Emergency Fund Remove Renovation Remove Work
article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. So we got to work!

Debt 130
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

2 Additional Goals: If we save the $10k early, we’d like to work on the following 2 goals. We work hard and really relish our time away and most of the trips we have planned for 2018 will involve our pop-camper. We will need to cut back on dining out, but it is unrealistic for me to say we won’t eat at restaurants this year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How We Paid off Six Figures of Debt

Family Balance Sheet

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. My kids are now almost 15 and 12 and eat as much as adults!

Debt 130
article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

If you’re spending too much at restaurants, read: 15 Smart Tips to Save Money When Eating Out . I would never tell someone to cancel the gym membership if they use it, and if you do use a gym membership, find out how my husband got a FREE family gym membership. We work through these steps together.

Budgeting 133