Family Balance Sheet

APRIL 11, 2020

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. My second prayer is that my family gets through this crisis financially. We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal.

Budgeting 246

Budgeting Budget Family Debt 246

Prairie Eco-Thrifter

MAY 22, 2011

Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Fortunately, there is no one size fits all plan to debt reduction. Some families find it feasible to make drastic cuts to non essential expenditures such as entertainment, dining out, and vacationing.

Debt 157

Debt Recession Unemployment Budgeting 157

Prairie Eco-Thrifter

NOVEMBER 23, 2014

For many years, this man’s wife and family lived near poverty after the Grandfather died of this disease. Of all the official Veteran’s Administration veteran benefits, these are the ones it seems he may qualify to receive if he so elects. We don’t like debt. VA Mortgage. Burial in a veteran’s cemetery.

Military 162

Military Grandfather Education Los Angeles 162

Prairie Eco-Thrifter

DECEMBER 8, 2013

Many well to do families have been counting on this as a way to pass along significant wealth to their next generations. But, alas, now our wonderful elected leaders are discussing ways to ‘close this loophole’ (according to Forbes ) and force heirs to take distributions from any inherited IRA within 5 years.

Converse 176

Converse Taxes Grandkids Money 176

Saving Cents With Sense

FEBRUARY 28, 2014

With PNC reporting that the average 20-something faces $45,000 in debt, and Generation Opportunity finding a 15.9 percent unemployment rate among 18-29 year olds , being financially savvy is a skill that gets you much farther than those humanity electives you took in college. Tackle Student Loans.

Parenting 81

Parenting Economy Student Cars 81

The Frugal Girl

FEBRUARY 5, 2024

Most of my evenings/weekends are just hanging out (largely at home and in the yard with my family). Second, coming from poverty, I am so grateful to be able to help my family when they need things. The weight of debt can be so heavy mentally in addition to the direct effects of it. The biggest would be the student loans.

Virginia 184

Virginia Kids and Family Library Frugal 184