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How We Frugal-ed in June 2023

Family Balance Sheet

Since April, he made over $800 by selling 3 old bikes, unused furniture, a college fridge, a camping grill, a TV, and other misc stuff. We put the funds towards new furniture for our sunroom to replace a 15-year-old set that was outdated and very uncomfortable. For more info, read: How We’re Saving for College with Upromise.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

They’re taking a gap year between high school and college. ” Her comment was echoed by another (in real life) conversation I was having with a different friend who is sending a child off to college this fall. The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition.

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Is Now The Time to Buy a Home?

Prairie Eco-Thrifter

There are numerous factors to consider when deciding whether to buy your first home or to continue renting – especially when you’re out of college. While you may not want to delay the first purchase of your home, you have to realize that a low credit score, even if the bank does approve you, will not allow you to get the best interest rate.

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My Life Plan

Family Balance Sheet

At the time, I wasn’t sure how we were going to pay our monthly bills, so future plans like funding our retirement , our daughters’ college education, or a lavish vacation were not on my mind. Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds. Looking forward.

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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

I have emergency supplies in the car, including blankets, food, flares, and First Aid. Whenever I travel, I also take water (the result of an unfortunate stranded-in-the-desert incident during college). Financial contact numbers for banks, credit issuers, insurance companies, and others. Credit card with an adequate limit.

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Make Money Your Hobby

Prairie Eco-Thrifter

Not long after college, a friend of mine gave me a list of recommended books. Seeing the numbers go up in my spreadsheets and bank accounts is enough for me, but maybe you would benefit from a more visual approach, or perhaps you can set mini goals and rewards along the way. I started counting it, tracking it, and trying to grow it.

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How to Make Your Budget Work for You

Prairie Eco-Thrifter

I like travel, I feel it’s important to set money aside for retirement and my son’s college education, and I like charitable giving. An automatic contribution is made monthly to the local food bank, and I tithe. Then, stop spending money on stuff that doesn’t fit with your core values. must be paid.

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