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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

That last point is a particularly worthwhile goal as worrying about money is a unique brand of distressing. See a Budget as an Ally. For many of us, the word ‘budget’ leaves a bad taste in our mouth. But, budgets are not the enemy. Get Specific with Goals. So, what are some of your goals?

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

Not Having a Budget I know, you’ve heard it all before but have you taken action on this one yet? A budget provides you with a financial roadmap to get to where you want to be in life. A budget helps you track your finances so you know exactly where you are and whether you’re on track.

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Despite having a strict family budget , some members of my beautiful family still try to find sneaky ways to spend more than is allocated to them at any given time. Of course, budgeting isn’t all about sucking the fun out of everyone’s existence and putting family life on hold. Do you see that total figure?

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

So, you want to get started on debt repayment so you can focus on other financial goals? Doing this actually gave me the peace of mind that I needed to focus on my financial goals. You will also have more disposable income to devote to your other financial goals. It’s a question of how to ensure the gains outweigh the losses.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. Who initiated the debt free goal? How often do you and your spouse discuss your finances/budget/spending? We actually talk about money and our short- and long-term financial goals a lot, but not so much about spending. Get creative.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

It took me five years to pay off my debt but two of those years I had a job loss, I was taking care of my grandparents and I had lost my motivation and drive to pay off the debt. Simply doing a budget. Definitely a monthly budget – I always create one every month. What are your financial goals now?