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The Top Personal Finance Tips For Recent Graduates; From 10 different Finance Experts

Prairie Eco-Thrifter

If Gen Y expects a similar lifestyle to their parents, they need to be consciously tackling their debt, managing spending habits and preparing for their financial future.” Eleanor is a Consumer Advocate and helps consumers take control of their personal finances. It’s better to save a minimal amount than not to save anything.”

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account.

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Financial Lessons for Kids that Actually Worked

Prairie Eco-Thrifter

With so many things that we parents have to teach our children, from using the potty to being a good and decent citizen, it’s no wonder that financial lessons sometimes get pushed aside in favor of more immediate needs in raising our kids. No, we won’t put that on the credit card and pay for it later.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition. This leaves not much left to save for retirement. ” Recently Go Banking Rates conducted two studies on savings rates with startling results. of Gen X report they have saves less than $10,000 for retirement.**.

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Justin presents Know the Common Mistakes with Your Personal Finances posted at Budget Snob , saying, “Many people make the same financial mistakes. posted at Personal Finance Whiz , saying, “*No. Theres a reason why the average amount of credit card debt per household is $15,956.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

How did you get interested in saving money? When my brother and I were growing up, our parents didn’t have much discretionary income. I learned to save money by watching my parents. (I I still remember saving my change as a kid so I could “shop” for books at yard sales.) That’s not right.

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What to Do With Money: A Mom’s Guide to Smart Money Management

Penny Pinchin' Mom

This is something every parent needs to think about. Do you have a retirement plan or a healthy savings account? That’s a small amount to pay for that level of peace of mind as a parent. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating.

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