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Stay the Course Financially

Prairie Eco-Thrifter

My grandchildren’s other set of grandparents are just one example. She lost both of her jobs in the course of a month, and they consequently couldn’t meet the mortgage payments on their almost new home as a result. The world wide recession made us all (either of necessity or by choice) a bit more frugal.

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How to Save Money From Salary Without Sacrificing Your Lifestyle

Penny Pinchin' Mom

Learning how to save money from your salary without sacrificing your lifestyle is a skill worthy of an entire course subject in the most prestigious of schools. Of course, once in a while, you guys can paint the town red, but not every weekend. My family chooses to eat out once per week, for example. We are talking, what, 10%?

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Do I Need a Financial Advisor? When it’s worth it

Savings Corner

What financial advisors do A financial advisor helps individuals manage their money and map out their financial futures. For example, financial advisors can help you plan for retirement, budget, plan your estate and more. They also help you set your personal financial goals to reach milestones.

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Family Office Manager

Family Balance Sheet

Instead, he shared the story about Susan, a wife, and mother who handled all of the financial tasks in her home, from budgeting to making investment decisions. It was a hard transition for me to go from being a major financial contributor in our marriage to staying at home with a baby and not bringing in a paycheck.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

For example, it took us about 3 years to pay off a combined $17,000 in credit card debt, but later we managed to pay off twice as much in 3 years on about the same income. I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time.

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Financial Tasks for First Quarter

Prairie Eco-Thrifter

For example, once a quarter, I review our asset allocation actuals against our target allocations and come up with a plan to discuss and implement based on the analysis. Another example is that once a month I calculate our net worth and review our discretionary spending budget vs. actuals. Set financial goals for the year.

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The High Price of Excuses, Justification, and Avoidance.

Prairie Eco-Thrifter

This was such a perfect example. I used to live in Weehawken, New Jersey, a twenty minute commute from midtown Manhattan. The whole conversation could be summarized by this “Yeah, I have a problem because I’m living in an apartment I can’t afford, BUT here’s a list of reasons why I don’t have any other choice”. Yeah…but….

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