article thumbnail

How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

Lack of An Emergency Fund . One of the most common disastrous finance mistakes is not having any sort of financial back-up for emergencies. Experts recommend an emergency fund of at least six month’s salary as essential, especially if you are struggling to make ends meet.

article thumbnail

Are You Heading for Financial Disaster?

Prairie Eco-Thrifter

I mean, I was living from pay check to pay check , always hoping I’d find whatever money I needed to pay the bills. See if you can identify with any of these statements: I spend more than I earn I don’t have a household budget I use credit cards all the time to buy everyday essentials like food, gas, transport. What about signs?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Saving Your Pennies For A Rainy Day

Prairie Eco-Thrifter

Your needs are crucial, and include things like food, water, clothes, transportation, etc. Rather, you are looking to cut the cost of your grocery bill. Medical emergencies, car emergencies, or family situations may arise where you need to dip into your emergency fund. Separate Your Wants From Your Needs.

Bank 265
article thumbnail

How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

medical bills, a small credit card, both of our cars, and student loans. burden for us at first were the medical bills. we still weren’t making enough money to cover all of our monthly bills. bills, I felt like our checks were spent the second we received them. transportation expenses. The biggest.

Debt 100
article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. receipts, statements, all upcoming bills, and any other history of your spending.

Budgeting 133