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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep.

Budgeting 246
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How to Start a Budget (and be successful at it!)

Family Balance Sheet

A budget might not change your circumstances, especially if the problem is income, but a budget will help prioritize the funds that are available. A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage.

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