Penny Pinchin' Mom

DECEMBER 17, 2023

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.

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Prairie Eco-Thrifter

AUGUST 10, 2014

Other valuables, such as fine or heirloom jewelry, or artwork, might require special insurance if they are expensive enough that your homeowners or renters policy wouldn’t cover them. Other insurance isn’t so straightforward. “Life insurance is more circumstantial,” Hirschkom points out. Money Tips'

Insurance 193

Insurance Life Insurance Health Insurance United States 193

Family Balance Sheet

JUNE 22, 2020

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Saving In Akron

MARCH 9, 2011

I did not go into debt for this vehicle. This all goes back to having an emergency fund and paying yourself first. Lack of debt means freedom and the ability to make the choices you want to make. My family would not have survived without that emergency fund. That's a great start on an emergency fund.

Emergency Fund 100

Emergency Fund Daughter Cars Car 100

Family Balance Sheet

JANUARY 17, 2018

I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Read our Health Insurance Story: .

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

AUGUST 11, 2014

Welcome to Debt Free Stories. She paid off $41,587 in debt in 14 months! How much debt did you pay off? What kind of debt was it? What inspired you to get debt free? I was inspired to get debt free for 2 main reasons: 1. We wanted to enter into marriage debt free. (He Where are you from? in 14 months.The

Debt Free 235

Debt Free Debt Mom Goals 235