article thumbnail

How to Save Money From Salary Without Sacrificing Your Lifestyle

Penny Pinchin' Mom

Here, let me show you: Say, for example, that your family is used to a certain high-end brand of cereal, but your analysis has shown that it’s too expensive and should be part of the things you cut out of your monthly budget to shore up that 20%. I coupon and hunt for deals like a mad woman! So, what do you do?

article thumbnail

Financial Tasks for First Quarter

Prairie Eco-Thrifter

For example, once a quarter, I review our asset allocation actuals against our target allocations and come up with a plan to discuss and implement based on the analysis. Set financial goals for the year. Another example is that once a month I calculate our net worth and review our discretionary spending budget vs. actuals.

article thumbnail

How to Make Good Financial Decisions

Prairie Eco-Thrifter

Consider the best and worst case scenarios and how you would deal with each one if you make this decision. Do a financial analysis to determine if buying a home will move you towards your financial goals or away from them. Make the best deal you can. Outlandish things do happen! Using common sense.

Making 240