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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

Set a budget and follow it consistently. The first line of defense against debt is to make a budget and keep to it. Or, instead of dining out every night, you may opt to cook at home more often. on your credit card. Make smart choices with credit. This seems like a no-brainer, right?

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5 Steps to Saving Money Using Just Envelopes

Couponing 101

So starting on April 1, I’m holding myself to a strict spending limit using the envelope budget method. If that sounds like a system you would benefit from, read on for my step by step guide on how to use the envelope budget method to save money. Step 2: Determine Your Budget. Do not use a credit or debit card!

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How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. It started with $40,000 in consumer debt (vehicles, credit cards, small student loan) and then sold our home and eliminated the $140,000 of mortgage debt. We tried our best to stretch the food budget.

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Start Small; Dream Big: Achieving Financial Security From Small Beginnings

Prairie Eco-Thrifter

She got rid of her credit card debt using this.” Bobbi started cooking at home instead of always dining out. Related posts: Take Small Steps Towards Great Financial Health Finding Your Dream Job and How to Land it How to Live your Dream Life Debt Free Bust Out of a Financial Rut How to Have a Small Budget Wedding.

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Keeping it Simple: Strategies for Financial Security

Prairie Eco-Thrifter

This can be as simple as forgoing dinner out sometimes and cooking at home more; taking your lunch from home sometimes instead of always buying it; and the oldie but goodie – giving up one expensive Starbucks coffee a day. Have a Budget Firstly, you must know where your money comes from and where in needs to go.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. Simply doing a budget. Stop eating out – it’s so much better for your wallet and your waistline to cook at home. Definitely a monthly budget – I always create one every month. What kind of debt was it?

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Remember to Celebrate Your Success

Prairie Eco-Thrifter

Trimming your budget. Cooking at home. Paid off the credit card. Eating out less. Paying cash for an item. Maxing out your retirement savings account. Completing a no spend week or month. Reducing your debt each month. Avoiding accumulating more debt. Paid the bills? Didn’t eat out. You get the point.

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