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Meet a Reader | Megan from California

The Frugal Girl

Tell us a little about yourself I’m 40 years old, married with two sons who are 11 and 7 years old. We are privileged in that we both have good-paying jobs and have more than enough money to cover the bills. I made some foolish choices shortly after graduating college, burning through my savings and running up credit card bills.

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Reader Question: How To Deal With Your Partner’s Family’s Financial Situation

Prairie Eco-Thrifter

At the time he was living with his brother – paying him rent and helping with bills. He didn’t want their childhood home to be taken so he purchased the home from his brother telling him that he could stay there until he got back on his feet- paying whatever rent and bills he could afford. He told him he can’t afford to help.

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How to Make Your Budget Work for You

Prairie Eco-Thrifter

I like travel, I feel it’s important to set money aside for retirement and my son’s college education, and I like charitable giving. But I also have bills to pay and it’s important to buy healthy foods for my family to eat. The mortgage and other bills (utilities, insurance, etc.) must be paid.

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Why I Use Cash

Prairie Eco-Thrifter

If you pay with bills, no one will know what you are buying. My son tried to pay with credit, they said no. My son tried to pay with credit, they said no. Luckily we were there and covered his bill. Is Automatic Bill Pay Right for You? It is a privacy issue. It is accepted most everywhere. Do you use cash?

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Money tips from Mom

Prairie Eco-Thrifter

My grown son and his wife accompanied us on a day trip several years ago. My son whipped out his credit card to pay for their meal and was stopped cold when he found out the place didn’t take credit. Subtract out those checks, debits, ATM withdrawals, automatic bill payments and keep a current running balance.

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Giving: Does It Always Have To Be About The Money?

Prairie Eco-Thrifter

When you sit for someone else, that’s money that doesn’t have to go to the sitter — and might be used to pay utility bills. Donate items : Since my son is an only child, his clothing doesn’t get a lot of heavy use. Or, if you are really worried about giving cash, consider paying a bill directly.

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Financial Lessons for Kids that Actually Worked

Prairie Eco-Thrifter

But, even so, we did manage to raise our sons to be financially capable adults. They will hear you talking about how much is left for groceries, or how to get the electric bill paid this month. We expected our sons to leave the nest once they were through with school, and they did. They will feel the pain when you tell them no.

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