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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

Or, instead of dining out every night, you may opt to cook at home more often. on your credit card. Make smart choices with credit. Credit can be a valuable tool when used wisely, but it can also quickly lead to debt if you're not careful. Invest in yourself. And this can help you steer clear of debt.

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5 Steps to Saving Money Using Just Envelopes

Couponing 101

This number will be a personal choice based on dietary needs, where you live, household size, and how much you will realistically cook at home vs. dine out. Do not use a credit or debit card! I’ve always said that it’s silly to buy in cash when I could be getting points back on my credit card purchases.

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

Family Balance Sheet

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. So I finally got to the third gas station and inserted my Discover card, hoping it would accept it. We started cooking at home more, a big issue for us was eating out.

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Start Small; Dream Big: Achieving Financial Security From Small Beginnings

Prairie Eco-Thrifter

She got rid of her credit card debt using this.” Bobbi started cooking at home instead of always dining out. Then a friend told me how she learnt about delayed gratification – putting off buying stuff until she could afford to pay cash. Gee, it mounts up quickly!”

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. Stop eating out – it’s so much better for your wallet and your waistline to cook at home. I no longer use credit cards – only debit cards or cash. How much debt did you pay off?

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Keeping it Simple: Strategies for Financial Security

Prairie Eco-Thrifter

This can be as simple as forgoing dinner out sometimes and cooking at home more; taking your lunch from home sometimes instead of always buying it; and the oldie but goodie – giving up one expensive Starbucks coffee a day. Debit cards allow you 24/7 access to your own money and help to reduce the use of credit cards.

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Remember to Celebrate Your Success

Prairie Eco-Thrifter

Cooking at home. Paid off the credit card. Paying cash for an item. Maxing out your retirement savings account. Completing a no spend week or month. Trimming your budget. Reducing your debt each month. Avoiding accumulating more debt. This list could go on and on and will be different with each individual and family.

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