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

Motherhood Moments

In this blog post, we'll share some of the top financial habits that can help you improve your financial mindset and reduce your chances of falling head over heels in debt. Smart money hacks for the debt-averse individual Here are some of the easiest and most effective strategies to get you started on the road to financial success.

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

Family Balance Sheet

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?

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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. “I I discovered I really love to cook. 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

Today’s Debt Free Story is from Jessica. How much debt did you pay off? What kind of debt was it? I had $56,000 of debt when I decided to become debt free. What inspired you to get debt free? The inspiration to pay off my debt was watching my grandmother balance her checkbook.

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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. Your budget helps you manage your debts, get them paid off and stops you getting in any deeper.

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Remember to Celebrate Your Success

Prairie Eco-Thrifter

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

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P.E.P for the Week of February 28-March 4/11- Spending Time With Family Edition

Prairie Eco-Thrifter

We are on a saving path, one that has us debt free and retiring early. Reducing Debt. Financial Samurai lets us know that it is possible to make money from home and still support a family. I know so many people who can’t seem to get out of debt while raising a family. This post also hit home.

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