Motherhood Moments

JANUARY 18, 2023

Prepare ahead of time and create a bare bones budget that includes only your essentials — think food, shelter, clothes, transportation and insurance — so you have a plan in the event that you experience a loss of income or need to cut expenses suddenly. An emergency fund is vital regardless of the larger economic climate.

Recession 100

Recession Finance Emergency Fund Debt 100

Penny Pinchin' Mom

DECEMBER 17, 2023

The post Managing Family Finances: Tips and Strategies for a Better Financial Future appeared first on Penny Pinchin' Mom. Family finances can be tricky! Provide your family with a desirable quality of life while still ensuring that your family’s finances are secure for the future. I would know.

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Penny Pinchin' Mom

DECEMBER 17, 2023

You are one emergency short of losing track of your finances. If there is such a clause, you should compare the amount payable to what you are about to save from interest to determine if paying off the debt is an overall gain or loss. This means you earn more than if you were to source for funds from a third party.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52