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How We Frugal-ed in June 2023

Family Balance Sheet

2 – We opened up high-interest savings accounts and earned $250 in interest. We are in what I call our “shovel season of life” Our oldest daughter leaves for college in the fall of 2024 and we have a big savings goal to hit before then. The money hit our account in April. Ask and ye shall receive!

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Best Personal Loans of December 2023

Savings Corner

Direct Deposit Discount: To be eligible to potentially receive an additional (0.25%) interest rate reduction for setting up direct deposit with a SoFi Checking and Savings account offered by SoFi Bank, N.A. Truist Bank is an Equal Housing Lender. Lending services provided by Truist Bank.

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Net Worth Defined: What Is My Net Worth?

Savings Corner

Basically, the formula is: ASSETS minus LIABILITIES equals NET WORTH And by the way, your income is not included in a net worth calculation. All of your retirement accounts are included as assets in your net worth calculation. That includes 401(k)s, IRAs and taxable savings accounts. Create my free account.

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Debt Consolidation Calculator | Bankrate

Savings Corner

Personal loans A personal loan is an unsecured loan that, unlike a credit card, has equal monthly payments. While banks and credit unions offer personal loans, subprime lenders are also very active in this market, so shop carefully and compare rates, terms and fees between three or more lenders. But it may not be the best choice.

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Revenge Spending and Other Married Money Tricks

Prairie Eco-Thrifter

If he indulges in his penchant for gifting HIS favorite cause, I send equal amounts to my struggling brother. Better to talk through the whys and wheretofors of your revenge spends to get to the bottom of the cause than to drain your bank accounts or wreck your credit with the spends. Take turns at money management as well.

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Back to Basics: Saving Your Savings

For the Mommas

and saved over $30!”. Sometimes I wish for a way to really “save” those savings. and putting $30 in the bank may be impossible for you, but here are some steps to start “Saving Your Savings”. This is always the first step to building savings. In my book, rebate checks equal easy savings.

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7 Best Investments in 2024

Savings Corner

In the video below, learn more about how investing harnesses the power of compound interest, and differs from saving. High-yield savings accounts Online savings accounts and cash management accounts provide higher rates of return than you’ll get in a traditional bank savings or checking account.