Prairie Eco-Thrifter

JANUARY 5, 2014

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.” Start an aggressive debt payoff schedule. Debt is your enemy, so don’t get comfortable with holding on to debt.”

Personal Finance 192

Personal Finance Finance Finance Tips Graduation 192

Savings Corner

APRIL 4, 2024

That may be fine if your goal is to preserve capital and maintain a steady flow of interest income. High-yield savings accounts While not technically an investment, savings accounts offer a modest return on your money. But if you’re looking for growth, consider investing strategies that match your long-term goals.

April 52

April Lowes CD Bank 52

Savings Corner

DECEMBER 27, 2023

To qualify you, lenders look at factors including your credit score, credit report and debt-to-income ratio. Lenders primarily use your financial and credit information to determine your rate, but may consider additional information like whether you own your home, your education level and your employer. What are personal loan rates?

Debt 40

Debt Home Improvement Consumer Credit 40

Savings Corner

DECEMBER 24, 2023

To calculate your net worth, take inventory of what you own, as well as your outstanding debt. And when we say own, we include assets that you may still be paying for, such as a car or a house. That includes revolving consumer debts — such as credit card balances — as well as personal, auto, payday and title loan balances.

Calculators 52

Calculators Taxes Debt Consumer 52

Prairie Eco-Thrifter

MAY 26, 2016

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

AUGUST 12, 2013

Saving up this chunk of change can take a long period of time, especially if you have a high expense to income ratio, which many people do (especially if you’re paying down debt). . Here are some suggestions on what your savings focuses can be after you’ve met your goal: A Vacation. Why not save up for a vacation?

Emergency Fund 200

Emergency Fund Debt Goals Money 200

Prairie Eco-Thrifter

NOVEMBER 25, 2012

In this article we will look at the pros and cons of saving and investing, as well as reducing debt, as a means of gaining financial security. If you are pondering this question, you probably have access to some spare cash; otherwise you wouldn’t be considering either savings or investment. What About Debt?

Money 189

Money Debt Refinancing Credit Cards 189

Prairie Eco-Thrifter

SEPTEMBER 26, 2012

I still have debt to pay off and want to buy a house, so all of that inflation money could go toward saving or paying down debt more quickly. I think setting it up like this so that it never hits my account will stop me from rerouting the money toward less important things, like new dresses and shoes. How did you beat it?

Debt 189

Debt Goals Money Bills 189

Savings Corner

DECEMBER 24, 2023

Direct Deposit Discount: To be eligible to potentially receive an additional (0.25%) interest rate reduction for setting up direct deposit with a SoFi Checking and Savings account offered by SoFi Bank, N.A. Your APR may be as low as 10.49% or as high as 19.49% for the term of your loan. Rates as of 10-06-2023. There is a 0.5%

December 52

December CitiBank Puerto Rico Ranges 52

Prairie Eco-Thrifter

JANUARY 1, 2013

On their own, they may not seem too major but if you are guilty of more than one, you are seriously affecting your financial security. Set up a savings account linked to your checking account and automatically transfer a set amount every payday. Wouldn’t you rather have that money to save or spend?

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

For the Mommas

JULY 27, 2016

Set up a high-interest savings account and be methodical about regularly contributing. Learning to make sacrifices early on and creating long-term saving habits can make a big difference on how long you are able to stay home with your new baby. Eliminate debt. Put off the things you can live without for now.

Baby 40

Baby Debt Credit Cards Phone Service 40

Prairie Eco-Thrifter

JANUARY 30, 2017

Yet newlyweds as well as long time married folks may not even be aware of some of the money tricks they or their spouse could be using. I personally have indulged in a bit of this and believe that my spouse may well have (subconsciously) as well. In fact, the non-working spouse may have an inclination to yield to this as well.

Money 100

Money Camping Equipment Bank Banking 100

Prairie Eco-Thrifter

APRIL 6, 2012

” Managing Debt. Jeremy Waller presents Do You Have What It Takes To Be Debt Free And Financially Successful? You see theres a reason that the majority of people are in debt. Theres a reason why the average amount of credit card debt per household is $15,956. Here are 5 steps to painlessly become debt free.

Money 133

Money Finance Personal Finance Real Estate 133

For the Mommas

JANUARY 11, 2011

and saved over $30!”. Sometimes I wish for a way to really “save” those savings. and putting $30 in the bank may be impossible for you, but here are some steps to start “Saving Your Savings”. This is always the first step to building savings. In my book, rebate checks equal easy savings.

Back To Basics 59

Back To Basics Saving Budgeting Budget 59

Penny Pinchin' Mom

FEBRUARY 16, 2024

Do you have a retirement plan or a healthy savings account? Pay Down Debt Yes, this is a good way to set yourself up financially. Getting out of debt should make the top three of your financial priorities. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating.

Money 52

Money Insurance Debt Bulk 52

Finally Frugal

JANUARY 8, 2011

This may be especially useful for those of us who - whether currently or in our spendthrift past - may be likely to fritter that money away as soon as it shows up in our paychecks. I do know it might take a couple of months for human resources departments to get all the details down so we may not see it until February or March.

Frugal 45

Frugal Spendthrift Debt Recession 45

For the Mommas

MAY 22, 2012

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense.

Craigslist 78

Craigslist West Virginia Bank Banking 78

Saving Cents With Sense

JANUARY 18, 2012

I know we are half way through January, and many of you may already be giving up on your New Year’s Resolutions, but I wanted to encourage you to keep reaching for those goals you set. Did you want to save more money this year? Pay off Debt? Lose Weight? Give up Caffeine (gasp!)? Measurable.

Goals 55

Goals Pay Off Debt January Gardening 55

Savings Corner

DECEMBER 27, 2023

The term “investing” may conjure images of the frenetic New York Stock Exchange, or perhaps you think it’s something only meant for those wealthier, older or further along in their careers than you. In the video below, learn more about how investing harnesses the power of compound interest, and differs from saving.

Real Estate 52

Real Estate Bank Banking Money 52

Savings Corner

DECEMBER 25, 2023

While legally that’s true, in practice passive income may take other forms. In practice, you may do some or all of the work upfront, but passive income often involves some additional labor along the way, too. Non-dividend-paying stocks or assets like cryptocurrencies may be exciting, but they won’t earn you passive income.

Money 52

Money Making Real Estate Rent 52

Prairie Eco-Thrifter

SEPTEMBER 28, 2014

Many families are toeing the line of slipping into debt, if they aren’t already over their heads. I know how hard it is to start saving. As the time passed, I was able to figure out ways to save more money and stay on top of my finances. Extra Income Goes Into Savings.

Building 225

Building Emergency Fund Money Savings Account 225

Prairie Eco-Thrifter

JANUARY 22, 2013

” Before you answer, here are five other questions to ponder that will help to provide you with the clarity that you seek: How Much Debt Do I Have? . Therefore, consider taking out a year to knock-out debt before getting off of the birth control. How Secure Is My Job? .

Kids 222

Kids College Tuition Birth Control Insurance 222

Prairie Eco-Thrifter

SEPTEMBER 25, 2014

On top of that, people are also not saving enough for an emergency or a rainy day. Too often, we rely on debt to get us through tough times instead of thinking and planning ahead. After that, it’s my habit to transfer a portion of my pay to a savings account that I can’t touch; whether that’s my RRSP, my emergency fund or my TFSA.

Making 192

Making Emergency Fund Saving Debt 192

Prairie Eco-Thrifter

JUNE 18, 2021

Retirement has become an uncertain landscape for many families as they’ve watched economic markets shift and debt grow while financial burdens wreak havoc. Depending on how organized you are with your money, you may already have an accurate depiction of your budget. Look at your current savings as well.

Insurance 100

Insurance Re-use Delivery Service Family 100

Prairie Eco-Thrifter

MAY 29, 2013

For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Debt load – 30%. This portion of your score reflects how much debt you carry. If you prefer to pay cash and avoid revolving debt, that’s great.

Credit Cards 234

Credit Cards Credit Building Rent 234

Prairie Eco-Thrifter

MAY 30, 2011

While this philosophy may not be the best boost for my social life, it is a great boost for my savings account! I don’t allow myself to have credit card debt, so I have to have the cash to back up all my purchases. It becomes a special treat instead of an ordinary occurrence. Going out is expensive. Think again!

Frugal 157

Frugal Hobby Green And Frugal Home and Garden 157