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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. Our only spending going forward will be for essentials, such as our mortgage, utilities, groceries, our Medi-Share premium , and fuel for the cars. Stop sending an extra payment to our mortgage.

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Ways to Beat Lifestyle Inflation

Prairie Eco-Thrifter

I still have debt to pay off and want to buy a house, so all of that inflation money could go toward saving or paying down debt more quickly. Another way to do this, if you have self control (which I don’t), is the budget just as if you were making the same amount as before, and manually reroute your extra money to your savings goal.

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How We Frugal-ed in July 2022

Family Balance Sheet

We’ve seen higher grocery and fuel bills lately, so we’re upping our frugal game to help the budget. Our financial goals are still important to us and we want to hit them regardless of the rising prices. However, once we paid off all of that debt, I started playing the credit card game.

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How Much Car Can I Afford?

Savings Corner

That should include the cost of car payments , fuel, insurance and more. When insurance, fuel and other regular monthly expenses are included, the cost should not exceed 20 percent of your monthly take-home pay. Lenders will look at your debt-to-income ratio, or DTI. Source link The post How Much Car Can I Afford?

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5 Eco-Friendly Tips for the Workplace

Prairie Eco-Thrifter

fuel prices rose 1.9 It goes without saying that taking the most direct route to work is most cost-effective, fuel-wise… but planning your commute to enable timely stops to the market or to pay bills on your way to or from work can save money as well. According to the Bureau of labor Statistics, U.S. percent. The Buddy System.

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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. ” Dividend Growth Investor from Dividend Growth Investor shares how Dividend losers focus on excuses that prevent them from achieving their goals of financial freedom. They aren’t concerned about the latest deal, craze or freebie.

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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

After a pandemic-fueled, seller-benefitting boom — with bidding wars, inventory shortages and spiraling prices all over the country — the housing market began to cool down in 2022. Get started: Define your personal and financial goals. These are all important to help define the goals they would like to meet.”