Remove Emergency Fund Remove Family Remove Real Estate Remove Savings Account
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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government. Every month going forward, transfer this money into a separate savings account that is connected to your checking account.

Bills 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 send in $50 every month to each of their accounts.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

One way to do this in a two income family is to live off of one income and bank the other. Figure out what you need to live and put the rest in a secure account. Put the holiday gift of cash into your account. Put the savings you made at the grocery with coupons into the savings account. Keep saving.

Virginia 160
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

To learn to live within your means is one of our primary family money values. Helping the parents teach my grandchildren to save is an ongoing project of mine. 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.

Money 124
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Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Save for a camper upgrade. Family Camping to Avalon, NJ.