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. Yep, life was good.

Debt 130
article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

We ran the numbers of the purchase and they looked great on paper, but paper doesn’t account for a new server, a roof leak, unexpected medical bills, and other calamities. To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt.

Debt 100
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

Friday Links – Too Swamped Edition

Prairie Eco-Thrifter

The house stuff, time with the hubby, other home commitments etc. Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. I also serve on a Board that is ramping up full swing after the holidays which is leaving me with little time to catch my breath. As December.

article thumbnail

10 Savvy Ways to Save in the New Year

Saving Cents With Sense

I have 10 savvy ways to save in the new year, but before you become overwhelmed with the idea, read through these simple and easy tips. 10 Savvy Ways to Save in the New Year. Home Depot , Lowe’s , Michael’s , the LEGO store , and more stores offer FREE kids events each month. Record all your expenses for one month.

article thumbnail

10 Savvy Ways to Save in the New Year

Saving Cents With Sense

I have 10 savvy ways to save in the new year, but before you become overwhelmed with the idea, read through these simple and easy tips. 10 Savvy Ways to Save in the New Year. Home Depot , Lowe’s , Michael’s , the LEGO store , and more stores offer FREE kids events each month. Frugal new year save money'

article thumbnail

How to Make Your Budget Work for You

Prairie Eco-Thrifter

I know that I need to buy certain things for my home, for upkeep. Money is automatically deposited into the retirement and emergency fund accounts, as well as to my son’s 529. These are the things most important to me. But I also have bills to pay and it’s important to buy healthy foods for my family to eat.

Budgeting 218
article thumbnail

Take Control of Your Money in 2015

Family Balance Sheet

Every January 1, I get caught up in the hopeful feeling of the upcoming new year. My husband and I make some financial goals at the start of every year. Happy New Year! I’ve joined over 40 other bloggers to help us all make 2015 the best year ever! 2015: Our Best Year Yet | Ashley @ Leaving the Rut.

2015 100