Remove Credit Cards Remove Emergency Fund Remove Finance Remove Resources
article thumbnail

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

Motherhood Moments

Source : freepik.com Managing finances can be an incredibly stressful and overwhelming endeavor. Automating your savings towards an emergency fund makes this process easier and less painful. on your credit card. Make smart choices with credit. And this can help you steer clear of debt.

Debt 130
article thumbnail

The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

You are one emergency short of losing track of your finances. Drawbacks of Paying Off Debt With Limited Resources As unbelievable as it might be, paying off your debts has some disadvantages. This is why you should pay off your high-interest debts like credit cards first. What gives?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Over 40 and Worried about Money? Start here!

Family Balance Sheet

But for our own safety net, we must make our finances a priority. It’s hard to change and improve your finances if you have no idea where you currently stand. Use my Family Balance Sheet excel spreadsheet to help you organize your finances. Although I have not personally used this resource. ” I hear you.

article thumbnail

What Money Advice Would You Give Yourself If You Could Go Back in Time

Prairie Eco-Thrifter

Or put yet another trip to Las Vegas on the credit card. However, I wasn’t maximizing my resources. I opened a retirement account during that period, but it involved a managed fund with a 2% annual fee. My rewards credit cards were feeble, and I didn’t have a plan for using them. Money Tips'

Money 209
article thumbnail

Financial Success: It’s Not Always About Your Income

Prairie Eco-Thrifter

My husband and I were graduate students with loans and credit card debt, and we were certain that a higher income would solve all of our problems. Managing Your Resources. As a result of our earlier mistakes, we learned that we still need to direct our financial resources with a little thought and careful consideration.

article thumbnail

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. What I do is use my credit cards in conjunction with cash back apps.

article thumbnail

Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Better to refinance and sink those funds into the treasury market! Do you review your finances monthly?

October 200