Family Balance Sheet

DECEMBER 29, 2020

Years ago, there was a month where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. Personal Escrow – Use this spreadsheet to plan for your high yearly expenses, such as property taxes, association fees, insurance, etc.

Budgeting 130

Budgeting Budget Family Property Taxes 130

Savings Corner

APRIL 4, 2024

While you can’t cash out all of your home’s equity, the process gives you access to a larger sum of money without needing to sell your home. Paying down your mortgage helps build equity in your home, but you don’t have to wait until you completely repay it, or sell the property, to access that equity.

Refinancing 52

Refinancing Work Debt Home Improvement 52

Family Balance Sheet

MARCH 9, 2018

There was a month in 2013 where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. Personal Escrow – Use this spreadsheet to plan for your high yearly expenses, such property taxes, association fees, insurance, etc.

Budgeting 160

Budgeting Budget Family Property Taxes 160

Family Balance Sheet

JUNE 4, 2015

The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. The business softened, renovations were more costly than expected, and we were now the owners of two mortgages, our home and our business. Unfortunately things changed rather quickly. Our business is again thriving.

Goals 100

Goals Debt Renovation Daughter 100

Family Balance Sheet

MAY 6, 2020

Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. But in August 2013 , our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages: our home and our business.

Debt 130

Debt Emergency Fund 2007 2020 130

Savings Corner

DECEMBER 25, 2023

This is a decision with many moving parts, and things change: Your down payment savings grow, you consider moving to a cheaper or more expensive area, you’re curious what happens if you spend less on a home, or more. It takes into account typical spending on home renovations and maintenance. Is renting always cheaper?

Rent 52

Rent Calculators Property Taxes Buy 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. Small home = Low Expenses. What could possibly go wrong? We increased our income.

Debt 130

Debt Health Insurance Insurance Budgeting 130