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

Penny Pinchin' Mom

Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. The ideal scenario is that your emergency fund should look to cover at least six months of all your monthly household expenses should you suddenly lose your income.

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Types of Investors

Prairie Eco-Thrifter

Over the weekend, during a family visit, I had a conversation with one of my nephews – a thirty something husband, father and CFO of a small company. His idea was to buy some land, a bit outside his own area and develop it into an estate type community – homes with acreage. Real estate investors.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

This retired teacher spent a lot of time researching companies at the Boston Public Library. The Othmers were members of a smart group of people who bought shares of Warren Buffett’s company, Berkshire Hathaway, and held on for decades. We have enough to live on from other sources and an emergency fund. Jay Jensen.

Virginia 160
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

My Journey to Millions: No Research Reasons Why I Like Mature Dividend Paying Stocks – While most people don’t talk about it in this manner anymore, when you buy a share of a company you are buying into the business. Today I’m going to talk about getting those emergency funds going. – How will you measure your life?

November 188
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Getting a business loan to start and grow a company might also yield huge long tern financial results. Although you could buy real estate and stocks or other investments before building that backing, what happens if you can’t make the mortgage payment, or have to sell the stocks at a loss to buy groceries or pay the rent?

Money 124
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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

20′s Finances: Hiring a Property Manager: What it Offers You Real Estate Investments can be time consuming. Good Financial Cents: What to Watch For With Debt Settlement Companies Considering using a debt settlement company? Personal Finance Whiz : What Is An Emergency Fund? What’s the trick?”

October 200
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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

This week week, I screened my dividend growth stocks database for companies with dividend yield between 3.5% and says, “While the real estate market continues on the road to recovery, there has been quite a buzz recently regarding reverse mortgages. and a combined yield plus dividend growth of 12% or more.”