article thumbnail

What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

We knew that we would at least partially combine our finances when we were officially married, but when we were making our combined budget before going to the bank and officially combining, we hit a bit of a road block when we realized that we have a huge disparity in our financial goals.

article thumbnail

8 Action Steps for a Frugal February!

Family Balance Sheet

How are you doing with the financial goals you made for 2023? Unfortunately, many people abandon their New Year’s goals by mid-January and everything goes downhill from there. The goal of Frugal February is NOT to feel deprived, but rather to find creative ways to get through the month without unnecessary spending.

February 130
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

Have Specific Financial Goals Financial planning is the key to financial success. You need to have very specific financial goals; what do you need to achieve by which date? Have Separate Bank Accounts This should go without saying, but I will say it anyway: You need separate bank accounts.

article thumbnail

Frugal February

Family Balance Sheet

How did you do with your financial goals in January? We have only one financial goal for 2019 and we made some progress in January. It was a great feeling to make that payment, and to continue the momentum I want to double down on our financial goal. The goal of Frugal February is NOT to feel deprived, .

February 100
article thumbnail

Family Vital Information Binder

Family Balance Sheet

In fact, it was one of my 2020 financial goals. Bank accounts. I had all of this info scattered in my brain and in different file folders. My husband is many things, but he is not a mind-reader, so creating this binder was on my to-do list for some time. It took about two hours to gather everything needed for the binder.

Family 130
article thumbnail

Do I Need a Financial Advisor? When it’s worth it

Savings Corner

For example, financial advisors can help you plan for retirement, budget, plan your estate and more. They also help you set your personal financial goals to reach milestones. When to get a financial advisor Not everyone needs a financial advisor, especially since it’s an additional cost. Wealth manager.

article thumbnail

How Much Money is Coming In? | 31 Days to Organize Your Finances

Family Balance Sheet

financial goals. So grab your pay stubs and/or bank statements and calculate how much cash is flowing in each month. On days 1 & 2, we created our own balance sheet and wrote our S.M.A.R.T. Today we will start to get into the nuts and bolts of our budget.

Finance 113