article thumbnail

Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? Darwin from Darwin’s Money asks Are You Better Off Than Your Parents?

article thumbnail

5 Essential Money Tips for Newlyweds

Prairie Eco-Thrifter

Being a newlywed means you have a few things to get used to, and that includes the way you handle your finances. As you begin to navigate the waters of newlywed finances, here are 5 money tips that can help you out: 1. Get to the Bottom of Your Money Motivations. Decide on Separate vs. Joint Spending. Set Goals Together.

Money 252
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? We have led 7 sessions of Financial Peace University mostly to keep ourselves motivated. What are the top 3 – 5 ways you found money to put towards debt. Who initiated the debt free goal? Where would you go?

Debt 245
article thumbnail

Remember, Slow and Steady Wins the Race

Prairie Eco-Thrifter

Ask yourself : Do you start saving or paying off debt with a superhuman resolve- determined to avoid all temptation- only to fall off the wagon and give up hope in a matter of a few days? I started making smaller consistent payments that I could afford month after month and before I knew it my debt was gone.

article thumbnail

Create your debt freedom plan

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that we view them as one. And as you’ll see below, we also added a few more steps that he probably wouldn’t suggest or approve of, but there’s a reason why this is called personal finance. If others could knock out debt, we could too.

Debt 130
article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

Debt 236
article thumbnail

Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

Family Balance Sheet

When Jon and I were married, we acknowledged that high paying careers were not on the docket for us, knowing that we wanted to have both comfortable and generous lives we decided that we would have to be incredibly diligent with our resources. The first step in this diligence was paying off debt.

Debt Free 243