Family Balance Sheet
MARCH 26, 2021
Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. If you’re able, maybe use some of your stimulous money to put towards building an emergency fund. That emergency fund saved our business, our sanity, and our marriage.
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. Do you have enough cash to cover them or would you have to rely on high interest credit cards or a loan from family? That emergency fund saved our business, our sanity, and our marriage.
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Family Balance Sheet
OCTOBER 13, 2014
By the end of the month, my goal is to help you have a detailed financial plan for your family. Several years ago, our other vehicle needed new tires to pass inspection and our hot water heater stopped working. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund.
Family Balance Sheet
FEBRUARY 22, 2011
What got us through.our emergency fund. 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. How Much Do You Need in an Emergency Fund?
Family Balance Sheet
JULY 20, 2011
I don't want to drain the emergency fund, which could easily happen when the AC needs replaced. A warranty saved us a lot of money when our fairly new hot water heater unexpectedly broke last fall. We certainly don't want to go into debt either. My main concern is that AC unit. When and where did you purchase the appliances?
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