Remove Banking Remove Emergency Fund Remove Groceries Remove Real Estate
article thumbnail

Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

One way to do this in a two income family is to live off of one income and bank the other. Put the savings you made at the grocery with coupons into the savings account. We have enough to live on from other sources and an emergency fund. We did that. Tax yourself. Pay yourself first.

Virginia 160
article thumbnail

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. Trepidation about having the grand-kids open a savings account. Back then I had a passbook.

Money 124