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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 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?

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Family Vital Information Binder

Family Balance Sheet

In fact, it was one of my 2020 financial goals. Our Family’s Vital Information Binder: Cover page – The very first page points family members to vital numbers and locations of important documents. Bank accounts. I had all of this info scattered in my brain and in different file folders. Credit cards.

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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.

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How We Frugal-ed in June 2023

Family Balance Sheet

My goal has always been to live well on less while achieving our big financial goals. 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! Frugal living is not about deprivation. Some months are more successful than others.

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Make Money Your Hobby

Prairie Eco-Thrifter

The important thing is to get started; any major goal that inspires you to do that is a good start. 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. Put a System in Place. Another word for that roadmap is a budget. Keep Learning.

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. You can even use a budgeting app if you need a little more support reaching your financial goal.

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My Personal Goals for 2018

Family Balance Sheet

These are just my personal goals. I’ll update you on my family’s financial goals for 2018 in another post. My Personal Goals for 2018: 1) Start my day at 6:00 am, Monday-Friday, and end my day at 10pm. Update financials. This sounds odd, but I keep a close eye on our bank accounts. Check email.

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