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What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

We knew that we would at least partially combine our finances when we were officially married, but when we were making our combined budget before going to the bank and officially combining, we hit a bit of a road block when we realized that we have a huge disparity in our financial goals. Money Tips'

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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

Have Specific Financial Goals Financial planning is the key to financial success. You need to have very specific financial goals; what do you need to achieve by which date? Have Separate Bank Accounts This should go without saying, but I will say it anyway: You need separate bank accounts.

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My Life Plan

Family Balance Sheet

As part of Prudential’s Women Inspired campaign, I was encouraged to think about my dreams detailing my long-term goals and aspirations. I broke my goals into two categories: Financial and Personal. Our Financial Goals: Pay off our non-mortgage debt. Increase our emergency fund to 6 months of expenses.

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How We Frugal-ed in June 2023

Family Balance Sheet

My goal has always been to live well on less while achieving our big financial goals. I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. Both our CD and high-interest savings account are FDIC-insured and are at banks that we trust.

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Make Money Your Hobby

Prairie Eco-Thrifter

Find a way to track your progress towards your goals that helps you stick to your new spending and savings plan. Seeing the numbers go up in my spreadsheets and bank accounts is enough for me, but maybe you would benefit from a more visual approach, or perhaps you can set mini goals and rewards along the way. Keep Learning.

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10 Best Low-Risk Investments In April 2024

Savings Corner

It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund. In contrast, higher-risk investments are better suited for long-term goals. It’s easy to find a qualified financial advisor to guide you through life’s most important financial decisions.

April 52
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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. It’s an actual need. Start Using Cash This is a wonderful way to save money.