Family Balance Sheet

MAY 6, 2020

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

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

OCTOBER 18, 2019

To ease my anxiety about our new loans, we took the Financial Peace University home course and it changed how we thought about debt. 1 – Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. DONE – 6/1/2014.

Debt 100

Debt 2019 Financial Goals Emergency Fund 100

Family Balance Sheet

MARCH 19, 2014

Save $$$ Home Emergency Fund – Dave suggests to start at $1000, but being self-employed, ours is much higher, but it is not quite 3-6 months of expenses. We also have some renovations that we need to cash flow. | Our goal is to have everything funded by the summer. Our Debt Freedom Plan.

Debt 100

Debt Money Emergency Fund Goals 100

Saving With Shellie

JULY 22, 2011

I encouraged you to build an emergency fund or pay down debt with your savings. If you thought my goal was lofty, you should cheek out some of theirs: Merissa at Little House on the Prairie Living is working towards saving to build a new home. I thought I’d share with you this week what I plan on doing with my savings.

Goals 49

Goals Emergency Fund Financial Goals Debt 49

Savings Corner

DECEMBER 25, 2023

Coming up with enough cash for a down payment to buy a house can be the single biggest roadblock for prospective home buyers. A down payment is the cash you pay upfront to make a large purchase, such as a home. A 10% down payment on a $350,000 home would be $35,000. But how much of a down payment do you really need?

Insurance 52

Insurance Home Refinancing Money 52

Family Balance Sheet

JUNE 22, 2020

Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. Financially speaking, he focuses on building the business and I focus on managing our home and finances.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

JANUARY 17, 2018

Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. It has come in handy many times and if we need to use the money, we pause extra debt payments until we get back to our fund amount.| 2017 Update. 2016 Update.

Financial Goals 113

Financial Goals Goals 2018 Debt 113