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How We’re Using Upromise to Save for College

Family Balance Sheet

Hello, 2020. Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. My Upromise strategy will help with our goal.

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Where I found EXTRA Money in May 2021

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. I donated plasma 4 times in May which is short of my goal of 8 times. My beautiful petunias in 2020. I made quite a bit more from the 4th quarter of 2020 where I do most of my Christmas shopping. Rakuten: $11.31.

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How We Frugal-ed in January!

Family Balance Sheet

Welcome to my first “How We Frugal-ed” recap of 2020. Related reading: How to Save Money on Groceries. Found Money in January: I have an old savings account that I hold on to, because it’s at the same bank as my kids’ savings accounts. from my Ibotta (grocery saving app).

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Net Worth Defined: What Is My Net Worth?

Savings Corner

If you’re not sure what assets and liabilities are, here are some guidelines: Assets : Assets include cash — such as in your checking, savings and retirement accounts — and certain investments, such as stocks and bonds, that you could sell for cash. All of your retirement accounts are included as assets in your net worth calculation.

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How to Build your Emergency Fund

Family Balance Sheet

Life suddenly changed for most of us in March 2020 and this past year of the pandemic has reinforced how important an emergency fund is. According to a recent survey , over half of Americans have less than $1000 in their savings and checking accounts. That emergency fund saved our business, our sanity, and our marriage.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

And if you’re worried about being able to save enough of your earnings to meet your retirement goals , building wealth through passive income is a strategy that might appeal to you, too. Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals.

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