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How to Manage Your Personal Loan

Savings Corner

The worst-case scenario is that you get a loan without a clear picture of its impact on your monthly cash flow, leading you to take on more debt to make up for it. For some people, it’s just easier to see large payments come out of an account they don’t also use to buy groceries.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Because we only have a week to show results, and because savings account interest rates have been near zero each year since camps started, I have routinely given the jar 50% interest. Trepidation about having the grand-kids open a savings account. Both are now old enough to open a bank savings account.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

I love her passion for helping others along their debt free journey. Krystal & Josh’s Debt Free Story. How much debt did you pay off? What kind of debt was it? It took us four years, but we paid off over $80,000 of debt! We are debt. debts one by one. What inspired you to become debt free?

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Find out How Chris & His Wife Paid off $52,000 in 7 Months

Family Balance Sheet

Today’s Debt Free Story is a guest post from Chris Peach. The straw that broke the camel’s back was the phone call I received from Andrea: She was checking out of the grocery store with our 10 month old on her hip and our card was declined – insufficient funds. He and his wife paid off $52,000 in just 7 months.

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How to Save Money From Salary Without Sacrificing Your Lifestyle

Penny Pinchin' Mom

Should you just pretend that you don’t have savings and increase your debt ? Things like taxes and the fact that groceries cost about 9% more now than they did last year. Consider going for a certificate of deposit, a high-yield savings account, or a money market fund.

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An Easy Way to Save for Irregular Expenses

For the Mommas

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense.

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What to Do With Money: A Mom’s Guide to Smart Money Management

Penny Pinchin' Mom

Do you have a retirement plan or a healthy savings account? Pay Down Debt Yes, this is a good way to set yourself up financially. Getting out of debt should make the top three of your financial priorities. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating.

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