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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

Educate Yourself “Truthfully, probably 95% of Americans are financially illiterate.” − Suze Orman – Women & Money (and Everyone Smart Enough to Listen) Financial literacy is probably the most important bit of education that can help get you from where you are to where you want to be financially.

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What to Do With Money: A Mom’s Guide to Smart Money Management

Penny Pinchin' Mom

How about an education policy for the kids? These are the financial moves that might seem painful at first but will come in handy should the worst happen. Instead of buying that new bag with the extra cash you have, how about getting a new insurance policy and paying your first premium? What about day-to-day expenses?

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

“The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates a sense of order, trains forethought, and so broadens the mind.” Munger so aptly puts it, learning how to save money fast is an education in and of itself. Start Using Cash This is a wonderful way to save money.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Box are some of my favorite authors) and I use the library to borrow both regular books and electronic resources. Many people don’t have the mentors I had in my parents, and they find themselves in financial trouble as adults simply due to a lack of knowledge. We, as a country, owe our young people a more comprehensive education.

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What Is Financial Planning? | Bankrate

Savings Corner

Bankrate’s AdvisorMatch can connect you to a CFP® professional to help you achieve your financial goals. Here’s what financial planning is all about and what you need to know to get started. What is a financial plan? These are some of the largest issues when it comes to financial planning. And how big?

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

Penny Pinchin' Mom

What I have found to work is that if I can access my emergency fund within 24-48 hours, it is ideal both in terms of easy accessibility and liquidity as well as inconvenient enough that I don’t get tempted to dip into it for something it really shouldn’t be used for. And that’s where long-term investments come into play.

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How To Start Investing In 2023

Savings Corner

Your plan’s administrator – which is sometimes a big broker such as Fidelity , Charles Schwab or Vanguard – may offer tools and planning resources, helping you educate yourself on good investing practices and the options available in the 401(k) plan. Look to your employer for guidance.

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