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The Top Personal Finance Tips For Recent Graduates; From 10 different Finance Experts

Prairie Eco-Thrifter

She runs MoneyZen Wealth Management , and has a financial blog geared toward helping women master their finances. How we handle our money early in life can impact us in future years- for example, young adults who rely on credit may find themselves continuing this pattern throughout life and consumed with debt.”

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How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. Minimum Payments On Credit Cards.

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How to Save Up for a Car Without Breaking the Bank

Penny Pinchin' Mom

Not only will that give you something to break down (how much you need to save every day, every week, and every month), but it will also help you visualize the end game; it will help you strategize better. It may even motivate you! Use Cash Every time you use your credit card, you are paying interest on that purchase.

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What Is A Personal Loan?

Savings Corner

One of the biggest benefits of a personal loan is that they often charge lower fixed interest rates when compared to other forms of lending, like credit cards. How a personal loan works A personal loan is money you borrow from a bank or other financial institution with a set repayment period and consistent monthly payments.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. This is why you should pay off your high-interest debts like credit cards first.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account.

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Financial Lessons for Kids that Actually Worked

Prairie Eco-Thrifter

While my spouse and I were in the throes of child rearing we didn’t think much about providing an intentional or structured set of lessons around personal finance. No, we won’t put that on the credit card and pay for it later. And they will see that you put money aside in savings.

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