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How to Conduct an Effective Family Financial Analysis

Prairie Eco-Thrifter

Are you having a hard time controlling your finances? Many parents are finding it hard to control their finances and stretch their wallet these days more than ever. The key out of this is to start changing your perspectives about money and become more effective and responsible in handling your resources properly.

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My #1 Tip for Trimming Grocery Spending

Family Balance Sheet

When finances are tight, often the only area we can control is our food spending. Having a routine keeps me scheduled so that I don’t forget to prep something and end up tempted to eat out. By having a schedule and knowing what we usually eat, I can save money by buying many foods in bulk. My suggestions are just a start.

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Yakezie Carnival – Credit Cards Edition

Prairie Eco-Thrifter

With so many different options out there, a consumer really can get overwhelmed and into trouble if they don’t know their credit card basics. Money Q&A : Seven Car Insurance Myths You Need To Know – There are a lot of car insurance myths that continue to be spread around by consumers. Take a moment to watch them.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Who initiated the debt free goal? Who handles the day-to-day finances in your home or do you work on it equally? How often do you and your spouse discuss your finances/budget/spending? Get creative.

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How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

He has paid a price to win with hard work and sacrifice to reach his goals, and I truly admire him for that. It started with $40,000 in consumer debt (vehicles, credit cards, small student loan) and then sold our home and eliminated the $140,000 of mortgage debt. We started cooking at home more, a big issue for us was eating out.

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