Remove Education Remove Emergency Fund Remove Giving Remove Wellness
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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

By that, I mean you have created a weekly, monthly, and even annual budget, or you’ve taken the time to go through my Financial Reboot Course to give yourself an excellent chance to reign in your finances. It should be 6x that, and then you have your minimum emergency fund figure. That’s nowhere near enough!

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Create your debt freedom plan

Family Balance Sheet

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We thought we were doing really well. Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. Debt is Dumb and Cash is King.”.

Debt 130
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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. Yep, life was good.

Debt 130
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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

However, if you have been following me, you know that I am quite serious about finding ways to not only get out of debt but also how to create a budget (and stick to it) as well as how to save money without necessarily depriving your family of the quality of life they deserve. I’m not talking about becoming a CPA or a Wall Street guru.

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How to Make Your Budget Work for You

Prairie Eco-Thrifter

I like travel, I feel it’s important to set money aside for retirement and my son’s college education, and I like charitable giving. I acknowledge that these things make my life worth living as well. Money is automatically deposited into the retirement and emergency fund accounts, as well as to my son’s 529.

Budgeting 218
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

My University Money: Should I Pursue a Co-op Education? – A down to earth outline to what I see as the advantages and disadvantages of a cooperative education, and to argue that one doesn’t need take a cooperative education to be successful. Today I’m going to talk about getting those emergency funds going.

November 188
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

It has served me well over the years, eventually leading to my current position of financial freedom. Using a student loan to get educated or re-educated in a new (presumably higher paying) field could also be a sure thing. I’m a saver, always have been. Saving first can help you avoid usury interest rates.

Money 124