Penny Pinchin' Mom

DECEMBER 17, 2023

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. You are one emergency short of losing track of your finances. appeared first on Penny Pinchin' Mom.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Penny Pinchin' Mom

DECEMBER 17, 2023

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.

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Family Balance Sheet

OCTOBER 18, 2019

Our 2019 Financial Goal. Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. We can now move on to other financial goals. 1st Update in June 2014. 2018 Update.

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Debt 2019 Financial Goals Emergency Fund 100

Penny Pinchin' Mom

JANUARY 16, 2024

Have Specific Financial Goals Financial planning is the key to financial success. You need to have very specific financial goals; what do you need to achieve by which date? It will help you achieve your financial goals faster. Increase your savings and investments instead.

Personal Finance 52

Personal Finance Finance Tips Finance Mom 52

Family Balance Sheet

APRIL 9, 2021

We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. The point of the starter emergency fund is to get you through until you pay off your non-mortgage debts, at which point, you build a more extensive fund. How to Build your Emergency Fund.

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Debt Emergency Fund 2019 Debt Free 130

Prairie Eco-Thrifter

JUNE 11, 2014

You might be saving up for a vacation, while at the same time building up your emergency fund and creating a fund for car maintenance and repairs. Take a look at your financial goals, and create sub accounts that allow you to focus on these different objectives. I do this with my emergency fund.

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Goals Emergency Fund Used Vacation 208

Family Balance Sheet

JANUARY 17, 2018

Did you make 2018 financial goals ? My husband and I discussed some ideas over our holiday break and we decided on 2 solid must-achieve financial goals for the year. If we complete them early, we’ll move on to 2 additional goals that are on our radar. Save a starter Home Emergency Fund.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

OCTOBER 18, 2014

Day 2: What are Your Financial Goals. Day 3: I took 4 days off due to an unexpected family emergency. Day 10: Create a Personal Escrow Fund. Day 13: Create an Emergency Fund. Day 14: Create a Gift Giving Fund. Day 1: Create Your Own Family Balance Sheet. Thanks for understanding!

Finance 124

Finance Organic Organization Emergency Fund 124

Family Balance Sheet

NOVEMBER 5, 2014

Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. We met with a financial planner and he gave us a specific plan to get out of debt with a specific amount of money to put toward debt each month. What are your financial goals now?

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Debt Free Debt Emergency Fund Finance 241

Family Balance Sheet

JUNE 30, 2015

As part of Prudential’s Women Inspired campaign, I was encouraged to think about my dreams detailing my long-term goals and aspirations. I broke my goals into two categories: Financial and Personal. Our Financial Goals: Pay off our non-mortgage debt. Increase our emergency fund to 6 months of expenses.

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Financial Goals Debt Goals Emergency Fund 100

Prairie Eco-Thrifter

MAY 30, 2012

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. I hope that reading these 10 small money mistakes will help you reassess your own financial situation and behaviors.

Money 235

Money Emergency Fund Debt Financial Goals 235

Family Balance Sheet

OCTOBER 31, 2014

Day 2: What are Your Financial Goals. Day 3: I took 4 days off due to an unexpected family emergency. Day 10: Create a Personal Escrow Fund. Day 13: Create an Emergency Fund. Day 14: Create a Gift Giving Fund. Here is the recap of posts. Day 1: Create Your Own Family Balance Sheet.

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Finance Organic Organization Emergency Fund 100

Prairie Eco-Thrifter

MARCH 23, 2015

Set your financial goals together and you both will be more likely to stick to them. Weigh each decision against your financial goals. Should you spend the money on that new flat screen and sound bar, or save it for the emergency fund? Are you financially independent? I chose wealth, so can you.

Financial Goals 100

Financial Goals Emergency Fund Money Goals 100

Family Balance Sheet

JUNE 11, 2014

Our current savings is not at a true emergency fund level of 3-6 months, but further down our plan, we will save up to that level. What financial goals are you working towards? Are you making headway with those goals? Financial Freedom Marriage and Money' Let us know in the comments.

Debt 100

Debt Emergency Fund Financial Goals Motivation 100

Family Balance Sheet

JULY 10, 2023

My goal has always been to live well on less while achieving our big financial goals. I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. Frugal living is not about deprivation. Some months are more successful than others.

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Frugal June Flights CD 100

Prairie Eco-Thrifter

JULY 28, 2014

How to Start a Savings Plan on a Low-Income So You’ve Maxed Out Your Emergency Fund – Now… For Better Savings: Use Sub Accounts to Differentiate Your… Setting Financial Goals: Make Them Smart and Simple A Painless Way to Pay for Seemingly Out of Reach Goals. Money Tips'

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Hobby Money Making Goals 189

For the Mommas

JANUARY 3, 2011

As a part of my Back to Basics series , I am writing a post on how to start an emergency fund. Amy’s emergency fund saved her — when her heater went out on New Years Eve. Without an emergency fund, this could have been an major financial blow. Don't miss the newest deals.

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Emergency Fund Amy's Financial Goals Heaters 49

Prairie Eco-Thrifter

SEPTEMBER 4, 2011

Set Financial Goals. Think of this: Whether you are an employee or businessman, you have to set goals to be successful. Think of this: Whether you are an employee or businessman, you have to set goals to be successful. Without careful planning and setting these goals, your bottom line suffers. Get Out of Debt.

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Family Financial Goals Debt Goals 196

Family Balance Sheet

SEPTEMBER 9, 2014

I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. Building an emergency fund also helps enormously. Who initiated the debt free goal? What are your financial goals now? Get creative.

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Debt Debt Free Pay Off Debt Financial Goals 236

Penny Pinchin' Mom

MARCH 11, 2024

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. It’s an actual need.

Saving Money 52

Saving Money Money Saving Credit Cards 52

Family Balance Sheet

FEBRUARY 4, 2015

I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan. What are your financial goals now? We aren’t quite ready to dive head first into another financial goal.

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Debt Free Debt Financial Goals Budgeting 100

Prairie Eco-Thrifter

JULY 4, 2011

They are also there working with you to help you reach your goals; even those financial goals. Squirrelers from Squirrelers presents The Case for a Bigger Emergency Fund. Is the conventional advice of keeping a 3 to 6 month emergency fund still valid?

Personal Finance 240

Personal Finance Finance Family Debt 240

Savings Corner

APRIL 4, 2024

It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund. In contrast, higher-risk investments are better suited for long-term goals. It’s easy to find a qualified financial advisor to guide you through life’s most important financial decisions.

April 52

April Lowes CD Bank 52

Prairie Eco-Thrifter

NOVEMBER 12, 2011

Money Talks Coaching: Finding Your Emergency Fund – I hear you saying “I know emergency funds are important, but how am I supposed to save money when I can’t even pay my bills?” Today I’m going to talk about getting those emergency funds going. krantcents: How Will You Measure Your Life?

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November 2011 Personal Finance Finance 188

Saving With Shellie

JULY 22, 2011

I encouraged you to build an emergency fund or pay down debt with your savings. But remember, little goals are a great start. Even if you are trying to save $5 per week, that’s a great start towards establishing financial goals. We are currently building a new house. Tiny bits can be a great motivator.

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Goals Emergency Fund Financial Goals Debt 49

Family Balance Sheet

JANUARY 1, 2015

My husband and I make some financial goals at the start of every year. 12 Scriptures for Goals and Guidance | Julie @ Loving Christ Ministries. How to Build a Starter Emergency Fund in 30 Days or Less | Jackie Beck @ The Debt Myth. Lots of possibilities and many opportunities. And 2015 is no different.

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2015 Money Debt Home and Garden 100

Family Balance Sheet

JANUARY 21, 2015

What are your financial goals now? We are almost done with our 3-6 month emergency fund and will begin maxing out our retirement accounts. Since he so dutifully sacrificed the last 10 years, I thought it would be a small thing to reward his hard work with.

Debt 100

Debt Debt Free Las Vegas Finance 100

Family Balance Sheet

JANUARY 20, 2017

emergency fund, so we started throwing what little extra we had straight. What are your financial goals now? First, we will save our six-month emergency fund. Did you follow a particular debt freedom plan or book, such as Dave. Ramsey or Debt-Proof Living? We followed most of Dave Ramsey’s principles.

Debt 100

Debt Debt Free Friends And Family Sale Budgeting 100

Family Balance Sheet

SEPTEMBER 29, 2016

What are your financial goals now? We are currently working towards fully funding our emergency fund. We’re hoping to have that completed by the end of this year. After that, we’ll be saving up and paying cash for a “new to us” car as both of our vehicles are getting up there in mileage.

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Debt Debt Free Budgeting Budget 100

Family Balance Sheet

JUNE 8, 2018

A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. What a great problem to have, right?!?!

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Budgeting Budget Financial Goals Goals 133

Family Balance Sheet

FEBRUARY 10, 2017

Build up our Emergency Funds to 3-6 months of expenses. Start college funds for both girls. What are your financial goals for 2017 and beyond? Let us know in the comments and if you don’t know or haven’t thought about it yet, spend some time THIS week developing your goals.

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Debt 2017 Student 2016 100

Family Balance Sheet

JUNE 22, 2020

In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

FEBRUARY 3, 2016

What are your financial goals now? Right now, the main goal is to finish saving up all the money my husband needs to finish school, which should be done later this year. The next goals in line would be to build up a 3 month emergency fund and save enough money to replace my car.

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Debt Debt Free College Finds 100

Family Balance Sheet

MAY 27, 2015

Once our kids are in school our goal will be to look into buying our dream home. What are your financial goals now? Our goals now are to fully fund our Roth IRA accounts, make other investments for retirement and college so our kids do not have to pay for college, and have the option to retire early.

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Debt Debt Free Pay Off Debt Finds 100

Family Balance Sheet

AUGUST 11, 2014

What are your financial goals now? I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects. Having my house keeper back has been a blessing. She cleans every other week and frees up time for my daughter and me to spend together.

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Debt Free Debt Mom Goals 235