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How We’re Using Upromise to Save for College

Family Balance Sheet

Way back in 2008 I signed up for a Upromise account and then it sat unused for many years. I don’t recall why I never used the account, but I guess it just slipped my mind. Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. Hello, 2020. 108 Months X $72 = $7,776!

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Best Money Market Account Rates of 2023 (up to 5.30%)

Savings Corner

A money market account is a deposit account that shares some checking and savings accounts features. Most banks offer this account type. Money market interest rates are comparable to those found with savings accounts, with the best money market rates around 0.50% APY or higher.

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Our 2019 Financial Goal

Family Balance Sheet

Save $10k in a savings account, specifically earmarked for medical expenses. I have yet to write a Medi-Share recap for 2018, but our goal was to replenish the healthcare savings account that we depleted in 2017. We use Medi-Share for our healthcare and our Annual Household Portion is $10k. 1 – DONE!!

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An Update on Medi-Share – September 2017

Family Balance Sheet

As open enrollment nears for many health insurance plans, I thought this would be a great time to give you an update on Medi-Share, the health sharing ministry that we are using in place of traditional health insurance. Health insurance has been a long winding road for us over the last few years. Medi-Share is NOT health insurance.

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Consider setting the money aside in a savings account that isn’t immediately accessible and doesn’t have an ATM attached to it This will help to avoid any impulsive non-emergency spending.

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Ways to Save Money on a Tight Budget

Saving Everyday

If you’re looking for ways to save money on a tight budget, we’ve got you covered! Christmas is right around the corner, so if you’re looking for ways to save money on a tight budget, we’re here to help! Ways to Save Money on a Tight Budget This is a two-part conversation.

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How to Minimize Taxes in Retirement

Savings Corner

When you’re a retiree, taxes can eat into your available income and leave you with less to live on. It’s important to remember that taxes don’t stop once you’re retired, but you can take steps throughout your working life to minimize your IRS obligations later.

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