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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? This week I am reminding you all about those special people in your life- your family.

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Are You Heading for Financial Disaster?

Prairie Eco-Thrifter

Difficulty meeting basic family needs Counting on tax returns or pay increases to ease your financial situation Lying about spending or anything else to do with finances. Also include an emergency fund and contributions to a retirement account, even if just small amounts at first. So, how did you do?

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Investment Methods

Prairie Eco-Thrifter

Much of the information in it is basic personal finance guidance (with a biblical twist). Technical analysis (chartists). With this, you pick a set dollar amount to invest each period, divide it in half and put half in your chosen investment, and the other half into a money market or bank account. It is called Value Averaging.

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