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Back to Basics: Saving Your Savings

For the Mommas

Set up a budget. Once you have a reasonable budget in place, work hard to stick to it. I subtract the budgeted amount we will need to make it until the next pay check, and I move the rest of the money left to savings. Stick to your budget, and try to spend even less. In my book, rebate checks equal easy savings.

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An Easy Way to Save for Irregular Expenses

For the Mommas

If your budget is tight, you can still use the sinking fund principle by adding just a couple dollars to each account from each paycheck. If your monthly budget has enough wiggle room for these amounts, then you’re ready to get your sinking funds started. If there’s no extra money in your budget, there’s still hope, though.

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3 Important Lessons in Living Frugally, But Not Too Frugally

Prairie Eco-Thrifter

Eventually, I staged an all-out assault on every area of spending in my budget. I’ve unintentionally gone too far a few times, and in doing so, learned valuable lessons about trying too hard to live a frugal life. Losing Valuable Time. I must consider time commitments before I go ahead with any money-saving initiative.

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