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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

The post Managing Family Finances: Tips and Strategies for a Better Financial Future appeared first on Penny Pinchin' Mom. Family finances can be tricky! Provide your family with a desirable quality of life while still ensuring that your family’s finances are secure for the future. I would know.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. Everything changed.

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Create your debt freedom plan

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that we view them as one. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. At times the plan felt intimidating, but it also changed the direction of our finances.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

They’re taking a gap year between high school and college. ” Her comment was echoed by another (in real life) conversation I was having with a different friend who is sending a child off to college this fall. The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition.

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Friday Links – Too Swamped Edition

Prairie Eco-Thrifter

Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. 5 New Year’s Resolutions to Improve Your Finances The new year brings us another twelve months of infinite possibilities, another chance to turn our lives around. Hope you have a great weekend. As December.

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How to Avoid Financial Disaster

Prairie Eco-Thrifter

Education is the key here. Educate yourself about financial matters as they apply to your circumstances. Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. A diversified mutual fund is an excellent way to achieve a diversified portfolio.

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How to Make Your Budget Work for You

Prairie Eco-Thrifter

I like travel, I feel it’s important to set money aside for retirement and my son’s college education, and I like charitable giving. In fact, if you identify your values, and use them to direct your finances, you are more likely to stick with a spending plan and feel better about your financial situation at the same time.

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