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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

In this blog post, we'll share some of the top financial habits that can help you improve your financial mindset and reduce your chances of falling head over heels in debt. Smart money hacks for the debt-averse individual Here are some of the easiest and most effective strategies to get you started on the road to financial success.

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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. An emergency fund is vital regardless of the larger economic climate. Prepare by paying off debt. Prepare for the unexpected.

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How to Live your Dream Life Debt Free

Prairie Eco-Thrifter

Living your dream life debt free requires a simply task of going back to Grade 1 math lessons and applying the concepts. Likewise, in your adult life, you can think of the first number representing the source of your monthly income and the second depicting debt or expenses – you need to borrow from another in order to complete the operation.

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

I watched her and her husband’s debt free scream on The Dave Ramsey Show. You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. I’m a Grade 7 teacher and my husband is a Mac Tools distributor.

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How Much Car Can I Afford?

Savings Corner

Lenders will look at your debt-to-income ratio, or DTI. Specifically, weigh buying in cash — and possibly eating into or wiping out your emergency fund — versus making affordable payments over time. Use a cost-to-own tool Beyond the monthly payment, you should consider if you can afford to maintain the vehicle.

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

Prairie Eco-Thrifter

Kristen from My Dollar Plan reminds us Why You Should Tell Your Family About Your Debt. Peter from Bible Money Matters shares 10 Tips to Save Money on Your Christmas Shopping and Avoid Going Into Debt. ” Jacob from Dwindling Debt asks Do Overdraft Chargers Affect Your Credit. I am a big believer in communicating.

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

Today’s Debt Free Story is from Charissa. How much debt did you pay off? What kind of debt was it? We started paying it off when we got married and became debt free just shy of our second anniversary. What inspired you to become debt free? They didn’t like debt, and as I grew up, neither did I.

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