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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. We had such a sense of freedom after making that last payment and we let ourselves dream about some tangible goals that we sacrificed during those payoff years, such as travel and a new-to-us camper. Being self-employed, we need the security that it offers.

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Financial Success: It’s Not Always About Your Income

Prairie Eco-Thrifter

It’s not about a higher income; it’s about what you do with your money. We knew we wanted to save for retirement, and that we wanted to keep giving to charity. This means that after we take care of retirement and emergency fund contributions, and after everything else is taken care of, we have enough to do what we like.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

You have to plant it, feed it, water it and care for it to make it grow big enough to notice. You have to give it space and time (lots of time) to grow into a huge money producer. You can do this. He never earned more than $46,000 per year, but he turned that into several million dollars, most of which he’s giving away.

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Our Big Financial Goal for 2016

Family Balance Sheet

I have made a pact with myself that if I don’t already own something that I need, I will either: make do with what I have, find said item at a thrift store, borrow, or forget about it. What We Won’t Give Up. I think I’ll survive. Choose Thrift First. I’ll apply that money to the debt. The Game Plan: 1.

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Our 2018 Financial Goals

Family Balance Sheet

I want to challenge myself to rethink our purchases by taking advantage of more cost effective solutions, like borrowing, buying second hand, or just making do with what we already have. What We Won’t Give Up: My motto has always been “living well on less” and now it will be “living well on (even) less”. Choose Thrift First.