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How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. That was me, at any rate.

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How to Save Up for a Car Without Breaking the Bank

Penny Pinchin' Mom

Tips on How to Save for the Car You Want According to market research , about 5.3% These are cars that cost upwards of $70,000 just to buy. The simple truth is that not many people have enough money saved up to buy a car. That’s why a vast majority of us go the financing route. There’s no shame in that!

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Saving Your Pennies For A Rainy Day

Prairie Eco-Thrifter

Your wants are things you can do without, especially if you do not have the money to buy them. Right there you can save $25-30 per week! Yes, but before you run out to buy them because they are on sale, ask yourself this “How many other pairs of jeans are in my closet?” Saving money is essential. Shop Sales.

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The Best Investments For the Over 40s to Start Now

Prairie Eco-Thrifter

Each one comes with advantages and disadvantages; the trick is to limit the disadvantages to achieve the best result. Basic Investment Strategies Here are some of the basic investment strategies that people use: Use the growth strategy where you buy stocks in a company that has great potential for growth. Increase your value.

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Justin presents Know the Common Mistakes with Your Personal Finances posted at Budget Snob , saying, “Many people make the same financial mistakes. Corey presents Benefits of an Adjustable Rate Mortgage posted at Steadfast Finances , saying, “Have you ever considered an adjustable rate mortgage? Real Estate.

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Financial Lessons for Kids that Actually Worked

Prairie Eco-Thrifter

While my spouse and I were in the throes of child rearing we didn’t think much about providing an intentional or structured set of lessons around personal finance. And they will see that you put money aside in savings. Encourage them to save. Buy them a piggy bank and help them remember to feed it when they can.

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An Easy Way to Save for Irregular Expenses

For the Mommas

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense.