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8 Action Steps for a Frugal February!

Family Balance Sheet

How are you doing with the financial goals you made for 2023? Unfortunately, many people abandon their New Year’s goals by mid-January and everything goes downhill from there. The goal of Frugal February is NOT to feel deprived, but rather to find creative ways to get through the month without unnecessary spending.

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Savings Goal Calculator – NerdWallet

Savings Corner

Use our tool to start working toward your savings goal. How to use a savings goal calculator Here are brief definitions for terms used in the calculator. For example, if you want to save for a deposit on a home you plan to buy in three years, you would input three years.

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Frugal February

Family Balance Sheet

How did you do with your financial goals in January? We have only one financial goal for 2019 and we made some progress in January. It was a great feeling to make that payment, and to continue the momentum I want to double down on our financial goal. The goal of Frugal February is NOT to feel deprived, .

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3 Monthly Expenses to Reduce Without Feeling a Sacrifice

Family Balance Sheet

We want to achieve our financial goals, but still enjoy life. We use the gym, so we’ve never felt like it was a waste of money. Cutting cable is definitely a big step, but it you’re ready to take the leap, find out How We Watch Great TV Without Cable. We want to have our cake and eat it too. Gym Membership.

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How to Save Money From Salary Without Sacrificing Your Lifestyle

Penny Pinchin' Mom

It goes: 50% of your salary should go to your expenses and needs 30% should go towards what you want (a new car, a vacation, and all that) 20% should go towards your savings plan So, using this rule, 20% of everything you earn should go toward savings. Most of the things we buy we don’t need; we want them. Imagine that!

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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Daniel can work anywhere there is an internet connection and the kids can homeschool anywhere, but we didn’t have the money to buy the plane tickets or book AirBnB apartments. We sold extra items that we weren’t using through Craigslist and garage sales. Who initiated the debt free goal? What are your financial goals now?

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

We bought into the myth that student loan debt is “good debt” and that it was better to “invest” in buying a home instead. Luckily, even without misguided financial beliefs, we did pay off a significant portion of our debt before having kids. After we got out of debt, we did pay cash for a used car.

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