Prairie Eco-Thrifter

MARCH 14, 2013

Now is the time to watch every penny that you spend, so that you can purchase more in the same budget or even better, put that money in emergency funds. Well, I can tell you a number of ways to save money on household expenses. Saving on Grocery Bills. Reduce Your Insurance Premiums. Insurance is costly.

Saving Money 222

Saving Money Money Bills Insurance 222

Prairie Eco-Thrifter

JANUARY 1, 2013

Lack of An Emergency Fund . One of the most common disastrous finance mistakes is not having any sort of financial back-up for emergencies. Experts recommend an emergency fund of at least six month’s salary as essential, especially if you are struggling to make ends meet. Making weekly payments will save interest.

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Prairie Eco-Thrifter

MAY 30, 2012

Controlling careless spending of even $5-10 a week and putting it into savings, can add up significantly over time. Many people think they have no choice in this but the reality is, most people can find small ways to cut spending so that they can put a small regular amount into savings. Make establishing an emergency fund a priority.

Money 235

Money Emergency Fund Debt Financial Goals 235

Prairie Eco-Thrifter

NOVEMBER 4, 2013

Include all forms of income and divide expenditure into categories like rent/mortgage, entertainment, household expenses, insurances, transport etc. To make your first paycheck really count, you need to make room for some savings and a contribution to a retirement plan. Add all income in one column and then expenditure in another.

Graduation 210

Graduation Making Emergency Fund Budget 210

Family Balance Sheet

APRIL 11, 2020

Pre-coronavirus, I considered having 3 months of expenses saved in cash to be sufficient. Every night my first prayer is that this virus starts to mitigate, the curve flattens to a manageable level for our health care system, and lives are saved. I have written often about the importance of an emergency fund.

Budget 246

Budget Budgeting Family Debt 246

Family Balance Sheet

JULY 10, 2023

Instead, I look for creative ways to save my family money in all aspects of our lives. 2 – We opened up high-interest savings accounts and earned $250 in interest. We got a late start on saving for college so a large portion of our college savings has been sitting in our checking account earning zilch.

Frugal 100

Frugal June Flights CD 100

Prairie Eco-Thrifter

JANUARY 30, 2013

Some of the items that you should have available to you during an emergency include: Cash. Financial accounts numbers (memorize them and/or save them in digital form, protected by a password or encryption). Financial contact numbers for banks, credit issuers, insurance companies, and others. Credit card with an adequate limit.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Prairie Eco-Thrifter

JANUARY 16, 2014

Traditional investment advice says that you shouldn’t invest in the market until you are financially stable, have an emergency fund and have taken care of other basics, such as insurance of all kinds, debt removal and etc. If you don’t have any stock market investments, how can you get in on the action?

Emergency Fund 184

Emergency Fund Debt Money Father 184

Savings Corner

DECEMBER 24, 2023

There are certain steps it is important to take when buying homeowners insurance. Determine the coverage they need It is important to understand exactly what kinds of protections should be put in place when buying homeowners insurance. It’s quick and simple to obtain insurance quotes online from most insurers.

Homeowner Insurance 52

Homeowner Insurance Insurance December Emergency Fund 52

Saving In Akron

MARCH 9, 2011

I have always lived below my means, and although my income is never the same from month to month, I have always saved during the good months. I will keep this car until doesn't run anymore, just like my husband's 16 year old car, and I will make the car payments to myself in order to recoup my savings.

Emergency Fund 100

Emergency Fund Daughter Cars Car 100

Prairie Eco-Thrifter

JULY 10, 2014

The mortgage and other bills (utilities, insurance, etc.) Money is automatically deposited into the retirement and emergency fund accounts, as well as to my son’s 529. Am I saving up for a trip later? My spending plan revolves around my top priorities. must be paid. Instead, I spend on whatever fits my values.

Budget 218

Budget Budgeting Work Making 218

Prairie Eco-Thrifter

MAY 26, 2016

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account. Six measly cents.

Money 124

Money Saving Money Lowes Grandchildren 124

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. High-yield savings accounts While not technically an investment, savings accounts offer a modest return on your money. Risk: If you remove funds from a CD early, you’ll typically lose some of the interest you earned.

April 52

April Lowes CD Bank 52

Prairie Eco-Thrifter

JULY 4, 2011

Control Your Cash from Control Your Cash boldly says Your Smart Car Isn’t Saving the World. Anon from Gen Y Capitalist tells Why It’s Better to Travel NOW Rather Than Save For Later. Tom Drake from Canadian Finance Blog clarifies our Understanding of Term Life Insurance. A plan B is a must in any home. He’s right.

Personal Finance 240

Personal Finance Finance Family Debt 240

Prairie Eco-Thrifter

AUGUST 19, 2012

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. Try to build your emergency fund up to equal 6-12 months of income, so you can safely cover your living costs in the event of a financial disaster. if you are not insured!

Emergency Fund 222

Emergency Fund Insurance Debt Credit Cards 222

Family Balance Sheet

JANUARY 17, 2018

2 – Save $10k in a savings account, specifically earmarked for medical expenses. I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. Read our Health Insurance Story: . What We Left Traditional Health Insurance. Save for a camper upgrade.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

JUNE 22, 2020

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. We could no longer afford traditional health insurance, so we researched other options and took a leap of faith with a health sharing ministry.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Savings Corner

DECEMBER 25, 2023

You may have heard that you need to make a 20% down payment on a home, but that’s really just the threshold many lenders use for requiring mortgage insurance on a conventional loan. With low- or no-down-payment loans, you pay for the guarantee through fees or mortgage insurance , depending on the program.

Insurance 52

Insurance Home Refinancing Money 52

Family Balance Sheet

JUNE 8, 2018

Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. – Transportation: loan payments, fuel, insurance, service/repairs, necessary parking/tolls. You can’t cut back on your rent or mortgage payment, but you can find ways to save money on your groceries.

Budgeting 133

Budgeting Budget Financial Goals Goals 133

Prairie Eco-Thrifter

JANUARY 21, 2011

There are many people in our circle of friends who haven’t even started thinking about savings and retirement. Bucksome Boomer tells us how we can revolutionize our finances when it comes to insurance. It is amazing how many different kinds of insurance we need to navigate through. Why not max out your savings?!

January 124

January Emergency Fund Personal Finance Finance 124

Prairie Eco-Thrifter

JUNE 20, 2012

This week I received a question from a reader asking how much to save up before buying a house. Here is Alicia’s question: How much money do my husband and I have to save up before buying our first home? Canada – RSP Home Buyers’ Plan Do you have a Registered Retirement Savings Plan (RRSP)?

Money 186

Money Home Debt Buy 186

Family Balance Sheet

AUGUST 11, 2014

What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. They can save up for that plastic toy made in China by working for the money, just like you do, but age appropriate. I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects.

Debt Free 235

Debt Free Debt Mom Goals 235