Penny Pinchin' Mom

FEBRUARY 16, 2024

Pay Down Debt Yes, this is a good way to set yourself up financially. Getting out of debt should make the top three of your financial priorities. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating. And if they don’t, you can use it as part of your retirement fund!

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Money Insurance Debt Bulk 52

Savings Corner

DECEMBER 24, 2023

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Personal loans have advantages and drawbacks.

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Debt Credit Cards Credit College Tuition 52

Savings Corner

DECEMBER 24, 2023

In short, if it involves finances, then there’s a way to plan for it and optimize the outcome. A financial plan can help you direct how you organize your finances, from the small, short-term questions to the big, long-term issues. Debt reduction – How much do you need to pay down and how can you do it? What is a financial plan?

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Savings Corner

APRIL 4, 2024

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Home equity lines of credit (HELOCs) and home equity loans are two similar finance tools — methods of borrowing money against the ownership stake you have in your home. Home equity loan: What is it?

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Savings Corner

APRIL 4, 2024

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. The difference between the two is given to you in a lump-sum payment.

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Family Balance Sheet

JULY 2, 2015

Today’s Debt Free Story is from Acadia. How much debt did you pay off? What kind of debt was it? All of our debt was $97,000 in student loan debt. We ended up buying a house from a relative, which put us in even more debt. What inspired you to get debt free? Tell us about you and your family.

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Family Balance Sheet

APRIL 12, 2016

Today’s Debt Free Story is from Jessica. I work in Finance/Accounting for a large corporation but I have also started a company called Every Single Dollar , which focuses on personal finance for single women. How much debt did you pay off? What kind of debt was it? How much debt did you pay off?

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Prairie Eco-Thrifter

NOVEMBER 25, 2012

In this article we will look at the pros and cons of saving and investing, as well as reducing debt, as a means of gaining financial security. What About Debt? The chance viewing of an interview on TV gave me a third option – that of using my cash to pay off my debts, especially high-interest debt. What Should You Do? .

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Money Debt Refinancing Credit Cards 189

Family Balance Sheet

MAY 27, 2015

Today’s Debt Free Story is from Olivia. We are both planners and despise wasting money on debt/interest, which is what led us to pay off our mortgage as soon as we could! How much debt did you pay off? What kind of debt was it? We paid off a total of $118,000 debt. What inspired you to get debt free?

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Debt Debt Free Pay Off Debt Finds 100

Savings Corner

APRIL 4, 2024

To find out whether your business can afford a loan, many lenders will use something called a debt service coverage ratio (DSCR). DSCR = annual net operating income / total annual debt, including principal and interest Many lenders won’t consider any business with a DSCR below 1.25, and the higher the number, the stronger you look.

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Bank Banking Credit Finance 40

Prairie Eco-Thrifter

JANUARY 1, 2013

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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Emergency Fund Credit Cards Personal Finance Finance 272

Savings Corner

APRIL 4, 2024

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

Home 52

Home Debt Credit Cards Credit 52

Prairie Eco-Thrifter

MARCH 26, 2012

Many thanks to Tackling Our Debt who hosted the Yakezie Carnival – Have Fun Edition and included Jana’s post, Green Energy Jobs: What Are Your Options? as did The Frugal Toad who hosted the Carnival of Retirement #11. Related posts: Prairie Eco-Thrifter Was Included in Seven Carnivals This Week.

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Personal Finance Green energy Green And Frugal Debt 124

Prairie Eco-Thrifter

FEBRUARY 26, 2011

Reader Asks About Selling Home to Pay Off Debt – [link] I agree. Prairie Eco-Thrifter has Been Featured in the Carnival of Personal Finance # 297 [link] #. Prairie Eco-Thrifter has Been Featured in the Canadian Finance Carnival # 24 [link] #. RT @ Green_Panda Handling Your Finances – What is Being Frugal?

Pay Off Debt 113

Pay Off Debt Swap Debt Finance 113

Prairie Eco-Thrifter

APRIL 5, 2011

5 Pieces of Advice to Tell Your Child About Money is a series that will run every Tuesday for the next few weeks where some of the top personal finance bloggers share their thoughts on this topic. Living below your means is the foundation of personal finance. At the end of the series I will post my own 5 pieces of advice.

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Money Personal Finance Finance Debt 133

Prairie Eco-Thrifter

OCTOBER 15, 2011

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. 20′s Finances: Hiring a Property Manager: What it Offers You Real Estate Investments can be time consuming.

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October 2011 Finance Personal Finance 200

Prairie Eco-Thrifter

MAY 29, 2013

For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Debt load – 30%. This portion of your score reflects how much debt you carry. If you prefer to pay cash and avoid revolving debt, that’s great.

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Credit Cards Credit Building Rent 234

Prairie Eco-Thrifter

JANUARY 14, 2012

After that, while you all primed and interested in personal finance, continue and read the awesome articles that were written across the web this week regarding personal finance and enhancing your lifestyle. – Not only is it possible to retire on real estate, there are many benefits that you need to take advantage of.

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Credit Cards Credit Finance Personal Finance 220

Prairie Eco-Thrifter

JUNE 14, 2012

” John presents Q1 2012 Credit Card Debt Study posted at Card Hub , saying, “The first quarter of 2012 indicates consumers are paying down credit card debt. Will this trend continue throughout the year, or will consumer credit card debt follow the same path it has in previous years?

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Money 2012 June Credit Cards 124

Prairie Eco-Thrifter

APRIL 6, 2012

Wayne presents Purpose of Budgeting posted at Young Family Finance , saying, “Are you left wondering why you should budget? Justin presents Know the Common Mistakes with Your Personal Finances posted at Budget Snob , saying, “Many people make the same financial mistakes. ” Managing Debt.

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Money Finance Personal Finance Real Estate 133

The Frugal Girl

FEBRUARY 18, 2024

After I became a mother, finances became much more complicated. Another big win would be taking advantage of our great public library system. The first few years after graduating, I racked up a large credit card debt and bought a new SUV that cost approximately the same as my annual salary. helping out 7.

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Kids and Family Home and Garden Money Frugal 181

Prairie Eco-Thrifter

MAY 10, 2012

Failure to monitor your consumption expenditures means that they are flying blindly regarding their future finances. ’ Financial Planning Ashley presents Should I Get Married with Debt? . ’ Financial Planning Ashley presents Should I Get Married with Debt? ” A Blinkin presents Should I Buy A House? .”

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Money May 2012 Debt 113

Savings Corner

APRIL 4, 2024

This can help you keep your monthly payments down and avoid unnecessary debt and interest. If you qualify for the best rates, a HELOC can be a less expensive way to consolidate debt or finance a home renovation. You can only take the deduction up to a certain threshold, however, based on your total mortgage debt.

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Credit Home Debt College Tuition 40

Savings Corner

APRIL 4, 2024

Other lenders offer so-called “no closing cost” refinances that allow you to finance these fees with the new loan instead of paying them upfront. Steer clear of any lenders that push refinancing even if it isn’t financially advantageous for you.

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Refinancing Bank Banking Credit 40

Family Balance Sheet

OCTOBER 15, 2021

We want to assist them in financing their college years and we needed to make some progress. Prior to 2020, we spent years aggressively paying off six figures of non-mortgage debts , so saving for college was sporadic deposits into a regulard savings account and basically on the back burner. It’s FREE! Sign up for Upromise HERE!

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College Used 2020 Saving 130

Prairie Eco-Thrifter

SEPTEMBER 15, 2014

Managing your finances gets a lot more complex and time consuming. You don’t have to contend with deciding which bill to pay or how to avoid a debt collector’s call or trying to keep the landlord off your back. I hate to be taken advantage of in a financial transaction, just as I did when poorer.

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Money Grandchildren Thrifty Job Loss 247

Prairie Eco-Thrifter

FEBRUARY 4, 2011

Retirement lingo can get confusing if you are just starting out learning about finances. Punch Debt in the Face tells us why no spend challenges are for wussies. Personal Finance by the Book tells us how we can save money where we least expect it. Sustainable Personal Finance gives us the how to on installing a low flow toilet.

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January February Debt Personal Finance 113

Prairie Eco-Thrifter

JANUARY 10, 2017

’ While there is some macro economic sense in consumer spending causing an impact on the country’s growth, it doesn’t necessarily play well at the individual consumer finance level. During the long 7 years since the crisis, many people lost jobs and houses. Even today, many are still unemployed or underemployed.

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Savings Corner

DECEMBER 27, 2023

Most cards offer a “grace period” : If you pay your balance in full on each statement — meaning you don’t roll over any debt from one month to the next — you won’t be charged interest. If you carry debt, though, you’ll be charged interest. This is a charge you pay to move debt from one card to another.

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Credit Cards Credit December Airline 52

Savings Corner

DECEMBER 25, 2023

Jumbo loans: As low as 5%-10% down payment (varies) Jumbo loans are home loans that fall outside of the Federal Housing Finance Agency’s conforming loan limits. But making a larger down payment has advantages that include: A better mortgage interest rate. More equity in your home right away. More equity means more wealth.

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Insurance Home Refinancing Money 52

Savings Corner

DECEMBER 25, 2023

Write an e-book Writing an e-book can be a good opportunity to take advantage of the low cost of publishing and even leverage the worldwide distribution of Amazon to get your book seen by potentially millions of would-be buyers. Some platforms invest in equity (stock), while others invest in debt.

Money 52

Money Making Real Estate Rent 52

Prairie Eco-Thrifter

MAY 6, 2016

Much of the information in it is basic personal finance guidance (with a biblical twist). However, while I worked, I also used this method to better advantage. One I obtained in that manner is “The Sound Mind Investing Handbook” by Austin Pryor. My copy has a copyright date of 2008. It is called Value Averaging.

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For the Mommas

MAY 22, 2012

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. each month for this year!).

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Craigslist West Virginia Bank Banking 78

Savings Corner

APRIL 4, 2024

To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. Our goal is to give you the best advice to help you make smart personal finance decisions.

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Insurance Life Insurance Homeowner Insurance Cars 52