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Meet a Reader | JenRR from the Midwest

The Frugal Girl

How did you get interested in saving money? At age 12, I started saving up my allowance and babysitting money to buy Christmas gifts for other children who were less fortunate. What’s the “why” behind your money-saving efforts? We rented at first, but the rental situation in our new town was poor.

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How Much Money Can You Live Off Of?

Prairie Eco-Thrifter

This would include your monthly mortgage payment or rent payment. Any housing related insurance fees and property taxes are also important to include. This includes meals, beverages, snacks, desserts, and all essential items needed for food preparation. Base this cost around if each meal each meal was prepared at home.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We spent the next few years building our savings back up to the level we had prior to 2007. What got us through financially? Our emergency fund. Yep, life was good. March 2020 arrived.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

How did you get interested in saving money? I learned to save money by watching my parents. (I I still remember saving my change as a kid so I could “shop” for books at yard sales.) When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage.

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How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Also, the monthly mortgage payment was less than our rent payment.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

This could be your rent/mortgage, utilities, loan payments, anything that has a due date. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. – Food: groceries, meals out, school lunches. Sample Budget Calendar. For informational purposes only.

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