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How We’re Using Upromise to Save for College

Family Balance Sheet

I don’t recall why I never used the account, but I guess it just slipped my mind. Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education.

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

The post How to Save Money Fast – My Top 20 Tips appeared first on Penny Pinchin' Mom. “The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates a sense of order, trains forethought, and so broadens the mind.” ” – T.T. Munger As T.T.

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Best Cash-Out Refinance Lenders of 2023

Savings Corner

If you do a cash-out refinance to pay off credit card debt or finance college tuition, you’ll be paying off unsecured debt with secured debt — a move that’s generally discouraged because of the possibility of losing your home. With a second mortgage, you don’t touch the interest rate on your primary loan.

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Why I Don’t Use Credit Card Rewards Programs

Prairie Eco-Thrifter

I undersand the incentive, but don’t think it is worthwhile for us. My own sister-in-law paid for travel to Hawaii by charging her son’s college tuition (this option, by the way, is no longer available with her card company). I just won’t waste the time it takes to manage the rewards. Here is why.

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Are You Financially Ready For Kids?

Prairie Eco-Thrifter

According to an article that was published on Investment News last June, it costs approximately $235,000 to raise a child and that’s not even counting their college tuition ! They are miracles, they are blessings and something else that they are is very expensive. Do I Have Health Care Insurance? .

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How Saving Can Also Lead to Good Health

Saving Cents With Sense

Saving money can substantially improve your health and it’s scientifically proven to do so. However, you have to adapt a frugal mindset and train your mind to experience joy and excitement when you save a dollar. The more money you save, the better you will feel and the more relaxed your life will be.

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How to Avoid Impulse Spending

Prairie Eco-Thrifter

This impulse spending will prevent you from saving for the important things like a house, a new car, a vacation or retirement. Whatever is left should be delegated to your savings and non-essentials or wants. Remember to put into savings the max you can afford. Do you want to travel for 6 months on savings? Yes or No.