Remove Buying Remove Emergency Fund Remove Growing Remove Real Estate
article thumbnail

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

Penny Pinchin' Mom

Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. The ideal scenario is that your emergency fund should look to cover at least six months of all your monthly household expenses should you suddenly lose your income.

article thumbnail

Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

The proverbial saying ‘money doesn’t grow on trees’ is used by many a parent in denying some wished for item to their children. Well, kids, your parents lied to you – money does grow on trees. A money tree starts out growing slowly, so small at first that you don’t even think it is there.

Virginia 160
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

I want to challenge myself to rethink our purchases by taking advantage of more cost effective solutions, like borrowing, buying second hand, or just making do with what we already have. You can only cut so much from a budget, so to increase our cash flow, we’ll need to earn extra income by growing our small business and growing my blog.

article thumbnail

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

Penny Pinchin' Mom

Also see: The Best Personal Financial Books for Young Families Get a Financial Advisor A financial advisor will help you do three things: Get a hold of your expenditures Structure your savings Maximize your investments These are all steps that, if practiced consistently, will help you grow your personal wealth in the long run.

article thumbnail

Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

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. Instead of saving, we could take some bigger risks to try to grow our money.

Money 124