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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

The post Managing Family Finances: Tips and Strategies for a Better Financial Future appeared first on Penny Pinchin' Mom. Family finances can be tricky! Provide your family with a desirable quality of life while still ensuring that your family’s finances are secure for the future. I would know.

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How to Overcome an Addiction Without Breaking the Bank: Key Tips to Follow

Koupon Karen

Together, we’ll explore strategies for conquering addiction while being mindful of finances. Addictions can lead to job loss, strained relationships, legal issues, and health problems, all of which come with their expenses. The Cost of Addiction The cost of addiction can be both financial and emotional.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

You are one emergency short of losing track of your finances. And there are tons of other benefits as well. Saving on Interest You will be decreasing your debt as well as the amount you’ll pay in interest over time, which is a good thing. So, you want to get started on debt repayment so you can focus on other financial goals?

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

Well, we made it and here are some of the surprising things I found out about having a few millions. Managing your finances gets a lot more complex and time consuming. Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life.

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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. Know where these items are, and make sure other family members know as well. If you can get to it, the right safe will protect the information from floods and fires, as well as other disasters.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

When it comes to you finances, are you doing okay, but know you could be doing better? You want to be able to contribute to investment accounts and build up a solid savings to get you through an emergency or unexpected job loss. You know your finances and where that line is between reasonable and too much.

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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. Markets and economic conditions change as well. If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances.