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7 Things You Should Teach Your Kids About Money

Prairie Eco-Thrifter

Giving Gifts. An allowance not only gives your kids some financial freedom of their own, but it’s a great teaching tool for parents. Rather than handing it over to them on a weekly basis, give them chores to do so they can earn their money. As a parent, it’s important to teach your kids the concept of accountability.

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Best Cash-Out Refinance Lenders of 2023

Savings Corner

Say your home is valued at $200,000 and your mortgage balance is $100,000, giving you $100,000 of equity in your home. .” The amount of cash you can get depends upon your home equity — how much your home is worth compared to how much you owe. You’ll need an appraisal to determine your home’s current value.

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How We’re Using Upromise to Save for College

Family Balance Sheet

Since March of 2020, over $1300 has been transferred into my daughters’ 529 College Savings Accounts. In the grand scheme of college tuition, $1300 barely makes a dent, however, that was just the first 18 months, and we have another 9 years before my youngest graduates from college. 108 Months X $72 = $7,776!

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Why Life Insurance Should Be Part of Every Entrepreneur’s Business Plan – Life Happens

Savings Corner

It can replace your lost income, ensuring that your family can continue to pay for bills, the mortgage, groceries, college tuition and more. This benefit gives employees peace of mind and makes your business an attractive option for job seekers.

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What If We All Only Had One Child?

Prairie Eco-Thrifter

Only one child’s college tuition to pay. There are certain experiences I would like to give my children like visiting Japan where their grandparents live, but because it’s so expensive to fly to Asia with five people, we haven’t been able to go yet. Only one hungry teenager to feed. You get the idea.

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How to Avoid Impulse Spending

Prairie Eco-Thrifter

However, if you see something you think you really need, give yourself two weeks to decide if it is really something you need or something you can easily do without. Do you want to pay cash for your child’s college tuition? Leave your credit cards at home. Lastly, set some financial goals. Do you want to retire by age 50?

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. Go Generic This is a trick our mothers used to save money and still give us what we needed at home.