Family Balance Sheet

APRIL 11, 2020

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. A layoff or a drop of business happened in the past, but a global economic shut down from a deadly virus? We just finished paying off our non-mortgage debts and now we were considering taking out a car loan.

Budgeting 246

Budgeting Budget Family Debt 246

Savings Corner

DECEMBER 24, 2023

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms.

Debt 52

Debt Credit Cards Credit College Tuition 52

Prairie Eco-Thrifter

NOVEMBER 2, 2011

The global economic downturn and credit crunch has placed a large number of people under great financial pressure. Without clear knowledge of your finances you will not be able to make an informed decision regarding whether taking out a loan is necessary and sensible. Relying on loans can lead to the formation of bad borrowing habits.

Debt 183

Debt Economical Refinancing Money 183

Prairie Eco-Thrifter

MAY 30, 2012

The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future. A budget helps you track your finances so you know exactly where you are and whether you’re on track.

Money 235

Money Emergency Fund Debt Financial Goals 235

Prairie Eco-Thrifter

NOVEMBER 25, 2012

In today’s tight economic climate, many people wonder what is the best method of improving their financial position. In this article we will look at the pros and cons of saving and investing, as well as reducing debt, as a means of gaining financial security. What About Debt? A dollar saved, as they say, is a dollar earned.

Money 189

Money Debt Refinancing Credit Cards 189

Prairie Eco-Thrifter

JANUARY 1, 2013

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. That was me, at any rate.

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Prairie Eco-Thrifter

MAY 1, 2013

The rule of thumb that states that it makes sense to spend 30% of your income each month on a housing payment doesn’t take into account the fact that you might have other debts, and that taking on more might over-leverage you. Markets and economic conditions change as well. The market might not return what you expect each year.

Life Insurance 213

Life Insurance Insurance Debt Property Taxes 213

Savings Corner

DECEMBER 25, 2023

A variable rate may start out lower than a fixed rate, but could increase or decrease over time depending on economic conditions. Instead of basing your loan offer on your credit, they look at your academic performance and earning potential to determine your ability to pay back the debt. How do I apply for a private student loan?

Student 52

Student College Credit Debt 52

Prairie Eco-Thrifter

MAY 29, 2013

For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Debt load – 30%. This portion of your score reflects how much debt you carry. If you prefer to pay cash and avoid revolving debt, that’s great.

Credit Cards 234

Credit Cards Credit Building Rent 234

Prairie Eco-Thrifter

FEBRUARY 21, 2013

There were as always great reads out this week which I have highlighted below: Good Reads From The Blogosphere: If you’re tired of sky-high car insurance premiums, don’t miss Finance Fox’s post on alternative ways to save on car insurance. Paying off debt is hard to do. And it’s even harder when mishaps occur.

Fridays 165

Fridays Insurance Real Estate Debt 165

Prairie Eco-Thrifter

APRIL 6, 2012

Budgeting and Economics. Wayne presents Purpose of Budgeting posted at Young Family Finance , saying, “Are you left wondering why you should budget? Justin presents Know the Common Mistakes with Your Personal Finances posted at Budget Snob , saying, “Many people make the same financial mistakes.

Money 133

Money Finance Personal Finance Real Estate 133

Savings Corner

APRIL 4, 2024

This can help you keep your monthly payments down and avoid unnecessary debt and interest. If you qualify for the best rates, a HELOC can be a less expensive way to consolidate debt or finance a home renovation. You can only take the deduction up to a certain threshold, however, based on your total mortgage debt.

Credit 40

Credit Home Debt College Tuition 40

Prairie Eco-Thrifter

MAY 8, 2011

I am talking about spring cleaning your finances and finding more ways you can save money. Today along with the great tips from my fellow personal finance bloggers, I am going to share with you six ways you can clean up your finances this season. I did this yeas ago when I was in debt and it made paying off the debt a reality.

Saving Money 232

Saving Money Money Credit Cards Insurance 232

Prairie Eco-Thrifter

JANUARY 10, 2017

’ While there is some macro economic sense in consumer spending causing an impact on the country’s growth, it doesn’t necessarily play well at the individual consumer finance level. We all are typically affected by the conditions around us, including economic conditions. percent in 2009, the U.S.

Spendthrift 100

Spendthrift Economical Consumer Recession 100

Prairie Eco-Thrifter

JUNE 14, 2012

The Skilled Investor , Editor Budgeting and Economics Paul Vachon presents Frugal Living Made Easy posted at The Frugal Toad , saying, “Frugal living is all about making informed and deliberate choices in how to spend money. Welcome to the June 15, 2012 Edition #241 of the Carnival of Financial Planning.

Money 124

Money 2012 June Credit Cards 124

Prairie Eco-Thrifter

MAY 10, 2012

The Skilled Investor , Editor Budgeting and Economics Little House presents The Five Tool Budgeter posted at Little House in the Valley , saying, “In baseball, a five-tool player is one who excels in some of the game’s major skills: fielding, base running, hitting for power, hitting for contact, and throwing ability.

Money 113

Money May 2012 Debt 113

Prairie Eco-Thrifter

MARCH 14, 2011

posted at FIRE Finance , saying, “We decided to optimize our grocery expenses and pull the strings on our food budget even tighter. FMF presents Five Retro Rules to Save Money posted at Free Money Finance , saying, “These tips from the past can save us all some big bucks.&#.

Frugal 150

Frugal Movies Finance Bills 150

Prairie Eco-Thrifter

AUGUST 26, 2012

With so much turmoil and unease in the world today – political, social/economical, technological, environmental, etc. Personal Finances – A Thrifty Lifestyle Is A Sustainable Lifestyle Our economic stability is also a key aspect in maintaining a healthy outlook and plays an integral part in a sustainable lifestyle. (And

Thrifty 189

Thrifty Recycle Recycled Recycling 189

Savings Corner

DECEMBER 24, 2023

Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. It’s not unusual for sellers to make a counteroffer.

Real Estate 52

Real Estate Buy Buying Credit 52

Savings Corner

DECEMBER 25, 2023

And economic downturns can pose challenges, too. Some platforms invest in equity (stock), while others invest in debt. Generally, stock offers high returns in exchange for more risk, while debt offers lower returns in exchange for less risk. REIT dividends are not protected from tough economic times, either.

Money 52

Money Making Real Estate Rent 52