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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe. I have asked everyone in my family to prepare a meal each week. Fortunately, we won’t be driving much.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Also to top it off, I had a huge property tax due that month for our office building that was going to be difficult to pay for in light of the circumstances. It was such a long process and at times, we wanted to give up. We celebrated the achievement with a trip over Thanksgiving.

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

Family Balance Sheet

Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. You are directing your money where to go–giving YOU the authority over your money. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs.

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