article thumbnail

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

Penny Pinchin' Mom

They already have savings accounts that they don’t know about. I send in $50 every month to each of their accounts. Have Specific Financial Goals Financial planning is the key to financial success. Have Specific Financial Goals Financial planning is the key to financial success.

article thumbnail

How We Frugal-ed in June 2023

Family Balance Sheet

Instead, I look for creative ways to save my family money in all aspects of our lives. My goal has always been to live well on less while achieving our big financial goals. 2 – We opened up high-interest savings accounts and earned $250 in interest. Frugal living is not about deprivation.

Frugal 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

2019 Debt Freedom Plan Update

Family Balance Sheet

Our 2019 Financial Goal. Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. We can now move on to other financial goals. Start Additional Savings Accounts.

Debt 100
article thumbnail

How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. You can start cutting out these expenses and see how much money you save. Believe me!

article thumbnail

How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

friends or family to save on housing costs, and we put a little bit from. each check into a savings account. had a small amount already saved for a tiny vacation. Instead of seeing a movie, rent. We are also saving up for an anniversary trip! What are your financial goals now? It was never.

Debt 100
article thumbnail

23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

It’s easy to find a qualified financial advisor to guide you through life’s most important financial decisions. Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals. What if you’re unable to rent out your property?

Money 52
article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage. A lot of blood, sweat, and tears were shed here, but we both agree that having no mortgage gave us a serious leg up on our retirement savings and other financial goals.