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5 Pieces of Advice to Tell Your Child About Money- Part 2

Prairie Eco-Thrifter

When you are young and many years from considering retirement (and not earning much), it’s tough to save money. Aim to save about a year of your basic living expenses in a simple savings account (no risky investments here). Or the time I climbed up in the attic to unclog the air conditioner drain.

Money 124
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How to Get By on One Income When Baby Arrives

For the Mommas

Set up a high-interest savings account and be methodical about regularly contributing. Learning to make sacrifices early on and creating long-term saving habits can make a big difference on how long you are able to stay home with your new baby. Use this time to put money aside every payday while you’re still earning an income.

Baby 40
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6 Steps to Creating a Budget You Can Stick To

For the Mommas

Healthcare- medical bills, medical insurance, dental insurance, vision insurance, etc. After you have an accurate account of what you buy or pay for each month, it is time for you to cut out any unnecessary monthly expenditures. This is where having a savings account comes in handy. Step #3: Trim the fat.