Remove Debt Remove Emergency Fund Remove Finance Remove New Cars
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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

Hello and welcome to this week’s Carnival of Personal Finance. If any of you have seen me host carnivals before you know that I like to add in some funny clips about personal finance for your enjoyment. Editors Picks: Big Cajun Man from THE Canadian Personal Finance Site shares 10 Phrases I have Used to Save Money.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. I have written often about the importance of an emergency fund. 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
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Which Insurance Policies Should You Absolutely Have?

Prairie Eco-Thrifter

” The same is true of a car. Most of us can’t just pull out cash for a new car when the old one is totaled. Insurance helps you manage your finances. After all, one hospital visit could push your finances over the edge. Basic Types of Car Insurance Who Needs Umbrella Liability Insurance?

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How Much Car Can I Afford?

Savings Corner

Edmunds recommends that a new car payment be no more than 15 percent of your monthly take-home pay. A used car payment should be no more than 10 percent, but that number varies by expert. Lenders will look at your debt-to-income ratio, or DTI. Can you afford the car you want?

Cars 52
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

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. We could take on debt to grow using other people’s money. If you are risk averse, you may lose sleep (and health) worrying about the safety of your finances.

Money 124
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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

Today’s Debt Free Story is from Olivia. We are both planners and despise wasting money on debt/interest, which is what led us to pay off our mortgage as soon as we could! How much debt did you pay off? What kind of debt was it? We paid off a total of $118,000 debt. He does not do car payments.

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