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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

I have written often about the importance of an emergency fund. However, reality set in on April 1st and I’m now second-guessing that we have enough money set aside, so I have set into motion some strategies to prepare for the unstable economy and any lost income ahead. A local yoga studio is offering online classes.

Budgeting 246
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Do You Have an Income Problem? Or a Cash Flow Problem?

Prairie Eco-Thrifter

He’s teaching a couple of classes this summer, but the pay for them is somewhat unpredictable. It’s not the same as when he teaches classes during the “regular” school year and is paid on a set schedule. Notice the Way Money Moves through Your Personal Economy.

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10 Best Low-Risk Investments In April 2024

Savings Corner

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. It’s also why low-risk plays make for better short-term investments or a stash for your emergency fund.

April 52
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How to Avoid Financial Disaster

Prairie Eco-Thrifter

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. This is a reserve of money for emergencies; leave it alone and don’t go dipping into it for general spending. A diversified mutual fund is an excellent way to achieve a diversified portfolio.

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How to Place A Stock Order

Prairie Eco-Thrifter

Your job is secure, your emergency fund is in place and you are diligently saving for retirement. You’ve done all your research and understand your risk level, the asset allocations you want between various classes of investments and you have your eye on a company in which you’d like to own some shares.