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Christmas Savings Club | May 2019

Family Balance Sheet

On the 25th of every month from January to November in 2019, I will hold a virtual meeting on the blog to give updates on our progress, motivate one another, and help all of us save for a cash Christmas. My monthly goal is $100. In April, we received a small tax refund and I put $100 of our refund into our Christmas Savings account.

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Where I found EXTRA Money in May 2021

Family Balance Sheet

Over the years, I have found money through rebates, refunds, online sales, and even the ground. I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. I donated plasma 4 times in May which is short of my goal of 8 times. Yard Sale: $87. He wanted to set up a sale.

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My Binder System for Organizing Some Important Areas of My Office and My Life

Family Balance Sheet

My financial binder holds my monthly to-do list , my yearly goals, our Family Balance Sheet , our family budget, and our business budget and statistics. I keep separate binders for our Business Expenses & Statements , Business Taxes , Health Savings Account , Retirement , my passwords (with alphabet tabs), and Workouts.

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Consider setting the money aside in a savings account that isn’t immediately accessible and doesn’t have an ATM attached to it This will help to avoid any impulsive non-emergency spending.

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Being self-employed, we have a higher starter fund on hand and when we pay off our non-mortgage debt, we will save to at least 6 months expenses and maybe even more. Remember this account is specifically for your emergency fund. I’m always amazed by the amount store tags I see on clothing and household item at thrift stores.