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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

Pre-coronavirus, I considered having 3 months of expenses saved in cash to be sufficient. Every night my first prayer is that this virus starts to mitigate, the curve flattens to a manageable level for our health care system, and lives are saved. Emergency Savings = Last Resort. Post-coronavirus, not so much!

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What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

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Are You Making These Five Retirement Planning Mistakes?

Prairie Eco-Thrifter

As you save for retirement, here are Five planning mistakes to avoid. When you plug your information into a calculator, trying to figure out how much to save in order to reach your desired nest egg, don’t overestimate your returns. In Canada, the TFSA is a great, flexible vehicle for saving for the future.

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Small Choices Means Big Gains When Achieving Financial Security

Prairie Eco-Thrifter

If you can choose to develop a more positive attitude about your finances, you’ll find it easier to make a few small changes in your saving and spending. The secret to financial success is actually saving small amounts regularly, even just $5 or $10 at first, and then putting these savings to work for you. and follow it?

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6 Ways Regular Exercise Can Improve Your Life

Prairie Eco-Thrifter

Save Money. Physical activity can help you save money as well. This is especially important in the United States, where you have to pay for your health care directly. Good health can save you money by helping you avoid expensive and chronic conditions like Type II diabetes , hypertension, heart disease, and more.

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Best Graduate Student Loan Options of January 2024

Savings Corner

Stride Funding prioritizes lending ISAs to graduate students, particularly those in STEM and health care fields. Those benefits can come in handy depending on how much you owe — the average graduate student debt is $82,000, including undergraduate loans — and your career plans. You may repay more or less than you receive.

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

Prairie Eco-Thrifter

Editors Picks: Big Cajun Man from THE Canadian Personal Finance Site shares 10 Phrases I have Used to Save Money. Really, we should all carry a cue card in a our wallet that we can just whip out and use anytime we have an opportunity to save money. ”A week in the electric world gets me considering the savings to be had.”