Remove Emergency Fund Remove Real Estate Remove Savings Account Remove Wellness
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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government. Every month going forward, transfer this money into a separate savings account that is connected to your checking account.

Bills 130
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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

Well, kids, your parents lied to you – money does grow on trees. The trees are your investment accounts. Ballenger was another teacher who lived frugally but well (often traveling around the world). Learn from books but learn from doing and observing as well. #117046655 / gettyimages.com. Florence Ballenger.

Virginia 160
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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

However, if you have been following me, you know that I am quite serious about finding ways to not only get out of debt but also how to create a budget (and stick to it) as well as how to save money without necessarily depriving your family of the quality of life they deserve. I send in $50 every month to each of their accounts.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

It has served me well over the years, eventually leading to my current position of financial freedom. Helping the parents teach my grandchildren to save is an ongoing project of mine. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

Money 124
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Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Save a starter Home Emergency Fund.