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

Penny Pinchin' Mom

You don’t want your family’s financial security to go down the drain. 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. It should be 6x that, and then you have your minimum emergency fund figure.

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

Increasing your credit card limit is really increasing your debt, or at least your exposure to debt, so say ’No!’ Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Make establishing an emergency fund a priority.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

They are also there working with you to help you reach your goals; even those financial goals. Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. If we put our mind and actions to reaching a goal then we will complete it. . Family is there when you need a hand or some advice.