Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We didn’t have enough cash saved to buy a car without a loan and that wasn’t sitting well with me.

Budget 246

Budget Budgeting Family Debt 246

Prairie Eco-Thrifter

MAY 30, 2012

So look at the take-outs you buy, the dinners out, the expensive designer coffees, the magazines, the impulse buys of things you really didn’t need, the ‘stuff’ you buy without thinking it through. Having Multiple Credit Cards Buying with credit cards leads to spending more than you earn and we all know where that leads.

Money 235

Money Emergency Fund Debt Financial Goals 235

Savings Corner

DECEMBER 25, 2023

That should include the cost of car payments , fuel, insurance and more. Be sure to factor in costs like maintenance, gas and insurance in addition to loan or lease payments. Be sure to factor in costs like maintenance, gas and insurance in addition to loan or lease payments. Insurance costs also vary by vehicle and individual.

Car 52

Car Cars Insurance Calculators 52

Prairie Eco-Thrifter

JUNE 20, 2012

This week I received a question from a reader asking how much to save up before buying a house. Here is Alicia’s question: How much money do my husband and I have to save up before buying our first home? How much of your income would be used to pay down your house-related debts? What Can You Afford?

Money 186

Money Home Debt Buy 186

Prairie Eco-Thrifter

JANUARY 1, 2013

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. Making weekly payments will save interest.

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Prairie Eco-Thrifter

JANUARY 16, 2014

Traditional investment advice says that you shouldn’t invest in the market until you are financially stable, have an emergency fund and have taken care of other basics, such as insurance of all kinds, debt removal and etc. Partner with trusted friends or relatives to buy as a group.

Emergency Fund 184

Emergency Fund Debt Money Father 184

Prairie Eco-Thrifter

JULY 10, 2014

Would you feel a weight lifted if you could pay off your high-rate consumer debt? But I also have bills to pay and it’s important to buy healthy foods for my family to eat. I know that I need to buy certain things for my home, for upkeep. The mortgage and other bills (utilities, insurance, etc.) must be paid.

Budget 218

Budget Budgeting Work Making 218

Prairie Eco-Thrifter

JULY 4, 2011

Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. How about you?

Personal Finance 240

Personal Finance Finance Family Debt 240

Savings Corner

DECEMBER 25, 2023

Coming up with enough cash for a down payment to buy a house can be the single biggest roadblock for prospective home buyers. When applying for a mortgage to buy a house , the down payment is your contribution toward the purchase and represents your initial ownership stake in the home. But how much of a down payment do you really need?

Insurance 52

Insurance Home Refinancing Money 52

Prairie Eco-Thrifter

MAY 26, 2016

What can you even buy for $.06? While the grand-kids savings account alternatives are slim – save in a piggy bank or buy that new toy, adults have a few other options. Of course, depending on what we buy, we may experience some buyers remorse. We could take on debt to grow using other people’s money.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

JANUARY 21, 2011

Bucksome Boomer tells us how we can revolutionize our finances when it comes to insurance. It is amazing how many different kinds of insurance we need to navigate through. Get Rich Slowly shares with us how we can all put money in an emergency fund no matter what our financial situtation is. Reducing Debt.

January 124

January Emergency Fund Personal Finance Finance 124

Savings Corner

APRIL 4, 2024

It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund. Most accounts are government-insured up to $250,000 per account type per bank, so you’ll be compensated even if the financial institution fails. In contrast, higher-risk investments are better suited for long-term goals.

April 52

April Lowes CD Bank 52