Remove Budgeting Remove Cooking At Home Remove Credit Cards Remove Saving
article thumbnail

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. Save for a rainy day. Automating your savings towards an emergency fund makes this process easier and less painful.

Debt 130
article thumbnail

5 Steps to Saving Money Using Just Envelopes

Couponing 101

When I looked back at the last three months, I realized my resolution for saving money was not on track. So starting on April 1, I’m holding myself to a strict spending limit using the envelope budget method. By targeting the biggest spending area, your potential for saving money is also greatest.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

Debt 100
article thumbnail

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

Prairie Eco-Thrifter

Ever heard financial gurus telling us to give up our daily Starbucks coffee and save the money? I discovered that most of the stuff I bought, I didn’t really need so it was fairly simple to change my spending habits to save money.” She got rid of her credit card debt using this.” I discovered I really love to cook.

Money 211
article thumbnail

Keeping it Simple: Strategies for Financial Security

Prairie Eco-Thrifter

So we just give up on trying to control expenditure and saving. The simple fact is, taking small, simple spending and saving actions, especially early in your working life, can make a huge difference to financial security during your working years and into retirement. Your budget helps to make spending simple too.

Simple 221
article thumbnail

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. And I cut back on lifestyle – cooking food at home, taking the bus to work vs driving and paying for parking, etc. Definitely a monthly budget – I always create one every month.

article thumbnail

Remember to Celebrate Your Success

Prairie Eco-Thrifter

To often, when it comes to saving money, we spend a lot of time on what we haven’t accomplished- or we downplay what we have accomplished. Saving an extra $50 a month. Maxing out your retirement savings account. Trimming your budget. Cooking at home. Paid off the credit card.

Debt 113