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

Penny Pinchin' Mom

The post 10 Must-Know Personal Finance Tips for Moms’ Financial Success appeared first on Penny Pinchin' Mom. Personal finance tips are much like opinions; everybody’s got one. Over 70% of Americans admit to feeling financially stressed. Thankfully, you no longer have to be one of them.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Wonder what sets you apart from the people that seem to crush their financial goals? These folks didn’t corner the market on goal success either, instead they just got the task DONE. Their 2017 goal is to boost their savings rate and get their expenses down to $30,000 a year as they work towards financial independence.

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Our Big Financial Goal for 2016

Family Balance Sheet

Thankfully, we have worked through those trials and the experience actually made a positive impact on our finances. At the time, we had 4 business loans and 1 student loan that were weighing on us, so we created our Debt Freedom Plan. The goal is to reduce our monthly spending where we can to find extra money to apply to our debt.

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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 didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. A student loan? We thought we were doing really well. That’s a necessity. DONE 2013.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

So, you want to get started on debt repayment so you can focus on other financial goals? However, if you pay off these debts, there will be nothing left for investments in these tough financial times. You are one emergency short of losing track of your finances. Should you pay off debt or save? What gives?

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. They are also there working with you to help you reach your goals; even those financial goals. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? It has gone on for generations.

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

The debt consisted of my student loans and a car loan. I went through Dave Ramsey’s Financial Peace University when I was 18 years old. That inspired me to be intentional with my finances and to follow Dave’s six steps. In those meetings, one of the things we discuss is finances. We try to discuss finances once a week.

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