article thumbnail

Start Saving Early for Retirement: Tips for Young People Just Starting Out

Prairie Eco-Thrifter

The second-best time to start is today! The longer you save for retirement, the more money you will have to retire on, even if the amounts saved are quite small in the beginning. This article looks at the reasons an early start to retirement saving is so vital and why so many people just don’t get it. I know I do.

401K 261
article thumbnail

An Easy Way to Save for Irregular Expenses

For the Mommas

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Back to Basics: Saving Your Savings

For the Mommas

If there is money left in your budget at the end of the pay period, move it to savings as well. I know a lot of people move this money into a separate vacation or fun money savings account. In my book, rebate checks equal easy savings. I always deposit my rebate checks and survey checks directly to my savings account.

article thumbnail

Ways to Save Money on a Tight Budget

Saving Everyday

Christmas is right around the corner, so if you’re looking for ways to save money on a tight budget, we’re here to help! One of my biggest pet peeves is when you read articles like this, and all of the tips are unrealistic. That’s a big chunk of extra money you can keep in your savings account during the holidays!

article thumbnail

Are You Financially Ready For Kids?

Prairie Eco-Thrifter

According to an article that was published on Investment News last June, it costs approximately $235,000 to raise a child and that’s not even counting their college tuition ! They are miracles, they are blessings and something else that they are is very expensive.

Kids 222
article thumbnail

How I’m Inherently Frugal

Prairie Eco-Thrifter

The Single Saver is a website dedicated to helping singles and small families save money with easy to implement money saving tips. Outside of my blogging life, I work full time as a magazine editor/designer for a large national company and I also teach part-time at a local University. Going out is expensive.

Frugal 157