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The Deadly Sins of Personal Finance

Prairie Eco-Thrifter

Lots of people will say that there’s no real formula for personal finance, because it’s personal. Everyone has different circumstances to take into account, whether it’s their family structure, personal situation, luck (or lack thereof), and their values. Short-sightedness .

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Create your debt freedom plan

Family Balance Sheet

Many years ago, my husband and I faced what we thought was an insurmountable hurdle– six figures of non-mortgage debts. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. Debt is Dumb and Cash is King.”. “…and

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Your City or County May Have Free Money For You.

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Reader Story: It’s Never too Late to Start: Personal Finance Planning for Over-40s

Prairie Eco-Thrifter

Better late than never’ is a good approach to personal finance for the over 40s. There are lots of financial advisors out there who are trained in the art of financial planning , debt reduction and other financial strategies. Another tip I learnt – you may be losing money in fees and charges if you have multiple accounts.

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

Penny Pinchin' Mom

The post The Age Old Question: Should You Pay Off Debt or Save? Should you pay off debt or save? So, you want to get started on debt repayment so you can focus on other financial goals? However, if you pay off these debts, there will be nothing left for investments in these tough financial times.

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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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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. Prepare by paying off debt. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash.

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