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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

Personal Finance Tips for Better Financial Health If you are currently struggling financially, I’m here to tell you that your financial situation isn’t unique. Pay Attention to Interest Rates Did you know that 82% of all Americans have a credit card, and 61% of them have credit card debt?

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How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

Short-term accounts could be checking, cash savings accounts, health savings accounts, and emergency savings. Liabilities: Liabilities are what you OWE money on, such as car loans, student loans, credit card balances, and mortgage balances. Column E = Difference between the target balance and the actual balance.

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How Long Should You Keep Financial Documents

Family Balance Sheet

Credit Card Statements - These can also be found online, so I'm not sure a paper copy is necessary, unless you need it for documentation for tax deductions, then see Taxes below. You should keep any credit card receipts to match up with your statement. Insurance - sub-files would be Auto, Health, Home-Owners, Life, etc.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

If you are risk averse, you may lose sleep (and health) worrying about the safety of your finances. Having the wherewithal to pay off any loans including credit card charges each month ups your credit rating, letting you enjoy lower rates on everything from insurance to mortgages. Investing requires financial backing.

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7 Steps To Homelessness And What To Do If You Get There

Prairie Eco-Thrifter

She charged up credit cards to buy food and clothing. She ignored collectors and now the card company is suing. She stopped paying income tax on the rare occasions when she did have income and did not pay county real estate taxes. Borrow Money You Can’t Pay Back. Eventually the inheritance ran out.

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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

and says, “While the real estate market continues on the road to recovery, there has been quite a buzz recently regarding reverse mortgages. ” Glen Craig from Free From Broke shares Six Essential Health Care Open Enrollment Tips. Scott Skyles from mortgage1a.com asks How Does a Reverse Mortgage Work? ,

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Carnival of Financial Planning – Money Management Edition #241 – June 15, 2012

Prairie Eco-Thrifter

” CCS presents Savvy Credit Card Use: Track Your Spending posted at Credit Card Smarts , saying, “A big key to using your credit card wisely is tracking your credit card spending. Financial Planning Odysseas presents Forget Your ATM Card? Not so today.

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