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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

I had issues with my finances (I almost went bankrupt at some point) until I decided to educate myself. Pay Attention to Interest Rates Did you know that 82% of all Americans have a credit card, and 61% of them have credit card debt? Credit cards can be a lifesaver, especially when you need a small personal loan.

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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

My son knows that there are two meeting points out (depending on whether he leaves out the front or out the back) in our neighborhood. Some of the items that you should have available to you during an emergency include: Cash. Credit card with an adequate limit. You can augment with other emergency sources as well.

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How We Frugal-ed in June 2023

Family Balance Sheet

I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. Both our CD and high-interest savings account are FDIC-insured and are at banks that we trust. Airlines Refund of $400 + $200 credit We flew to Florida in March to visit family.

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. At this point, you will have saved a whopping $5,050, and then you can start again.

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It’s Not Too Late to Save for the Holidays

Prairie Eco-Thrifter

There’s no point in using more money than you need to. After all, there’s no point in making something just so you can give a gift, especially if it’s a gift the recipient wouldn’t like. Take these steps now before any more time passes. Estimating and Reducing Holiday Spending. You can also try taking surveys.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Both are now old enough to open a bank savings account. I would go into the bank with my stubby little hands clutching my months worth of allowance (total of $1), deposit it and see the results right off printed in my book. Those of us who have been around awhile remember much higher rates – even up to 14% on CDs at one point.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Glen Craig from Free From Broke asks Are Banks Ratcheting Up Their Profiling Efforts? , “In family life, love is the oil that eases friction, the cement that binds closer together, and the music that brings harmony.&#. . Philip Taylor from PT Money Personal Finance presents The Best Gas Rewards Credit Cards–June 2011.