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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. The van has been awesome, especially when our kids were younger, but it needed 4 new tires and I didn’t want to replace them if we were going to get another car. More family time!

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Delayed Gratification: A Strategy to Curb Over-Spending and Secure A Sound Financial Future

Prairie Eco-Thrifter

Apparently, when we are faced with buying decisions, we experience similar hormone activity to the fight or flight mechanism in the body. To measure brain activity while people considered whether to delay gratification, researchers slid their subjects into functional magnetic resonance imaging (fMRI) machines. That explains a lot!

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How to Freeze Your Credit

Savings Corner

Primarily, you’ll need to unfreeze your credit if you’re applying for a new line of credit. Whether you’re in the market for a new car, mortgage, rental apartment or cell phone, your credit will be pulled by the lender to assess your ability to pay. How does a credit freeze affect credit monitoring services?

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