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10 Reasons You’re Broke

Prairie Eco-Thrifter

Instead of investing your money in education or your 401K, your money goes to clothes, gadgets, big screen TV’s or alcohol. Sure you know you are in debt over your head. So you continue to get further in debt as you continue to spend. What is the one thing you are refusing to give up that would help you pay off your debt?

Money 203
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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. How about you?

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Investment Methods

Prairie Eco-Thrifter

When I retired, I used this method to re-invest the proceeds from my company 401K (that I had rolled into an IRA). It caught me by surprise that the stocks/mutual funds in which I invested while in the 401K could not be transferred in kind to my IRA. Instead, they had to be sold within the 401K and the proceeds reinvested in the IRA.

401K 100
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Meet a Reader | Kim from Iowa

The Frugal Girl

I just wanted to get away and I moved my 401K money to the advisor they referred me to. I think I could have gotten discouraged in my 20’s when I was chipping away at student loan debt and a car loan and in my 30’s when I had two kids in day care. What’s an embarrassing money mistake you’ve made?

Iowa 169
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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Good Financial Cents: What to Watch For With Debt Settlement Companies Considering using a debt settlement company? Here’s some tips to be wary of when trying to consolidate your debt. Deliver Away Debt: What Is Quantitative Easing and Why Won’t It Stop? Personal Finance Whiz : What Is An Emergency Fund?

October 200
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Totally Money Blog Carnival #18 – 6 Ways to Save Money Edition

Prairie Eco-Thrifter

Ramsay presents Borrowing From Your 401k. Among the many benefits afforded to many 401k participants is the ability to borrow funds from the account for personal purposes. I did this yeas ago when I was in debt and it made paying off the debt a reality. She was still struggling with college credit card debt.

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4 Financial Lessons Your Parents Forgot to Teach You

Saving Cents With Sense

With PNC reporting that the average 20-something faces $45,000 in debt, and Generation Opportunity finding a 15.9 This is especially important if you get a 401K match from your employer, as that’s free money. According to the Consumer Financial Protection Bureau, student loan debt has surpassed $1 trillion. Car Buying.