article thumbnail

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. Financial contact numbers for banks, credit issuers, insurance companies, and others. You can augment with other emergency sources as well. Credit card with an adequate limit.

article thumbnail

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. 6 – Gas points – 60 cents off gas! In total, we have made $250 in interest since April.

Frugal 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Have Separate Bank Accounts This should go without saying, but I will say it anyway: You need separate bank accounts. I’m not talking about becoming a CPA or a Wall Street guru.

article thumbnail

Make Money Your Hobby

Prairie Eco-Thrifter

Once you have a goal in mind, you need a roadmap for how you’re going to get from point A, where you are now, to point B, your goal. 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.

Hobby 189
article thumbnail

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.

Holiday 169
article thumbnail

Types of Investors

Prairie Eco-Thrifter

First, you need an emergency fund, to handle things like being laid off, the washing machine failing or the dog needing surgery. Bank loans are the age old solution to a company’s need for funding, but there are new options on the lending front thanks to technology. Stock market investors. Lenders who invest.

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. Those of us who have been around awhile remember much higher rates – even up to 14% on CDs at one point.

Money 124