Family Balance Sheet

FEBRUARY 11, 2016

With little money in their bank accounts, these Americans couldn’t afford these unfortunate expenses without using a credit card or maybe relying on a loan from family and friends. You see, we learned a valuable lesson many years prior about the importance of an emergency fund. What is an Emergency Fund?

Emergency Fund 100

Emergency Fund Building 2007 Credit Cards 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! I have a bunch of lovable relatives (my nuclear family) who believe we are somehow made of money. I would know. But how can you balance the two?

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Family Balance Sheet

FEBRUARY 22, 2011

What got us through.our emergency fund. 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. It is for emergencies.

Emergency Fund 127

Emergency Fund 2007 Personal Finance Debt 127

Family Balance Sheet

AUGUST 11, 2016

But for our own safety net, we must make our finances a priority. It’s hard to change and improve your finances if you have no idea where you currently stand. Use my Family Balance Sheet excel spreadsheet to help you organize your finances. Start Saving for your Emergency Fund TODAY! ” I hear you.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Prairie Eco-Thrifter

JANUARY 1, 2013

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. Lack of An Emergency Fund .

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Family Balance Sheet

APRIL 9, 2021

There were a lot more fun and purposeful things we could have done with that money than pay the lender. Our personal finances are so interwoven with our small business finances that we view them as one. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

MARCH 19, 2014

But I personally don’t want to be any body’s slave and the total debt payment we make every month is astounding. There is so much we could do with that money other than pay the lender. Our personal finances are so interwoven with our small business finances that they must be seen as one.

Debt 100

Debt Money Emergency Fund Goals 100

Penny Pinchin' Mom

DECEMBER 17, 2023

You are one emergency short of losing track of your finances. From a personal point of view, I much prefer living debt free. The problem is, every time I sent money to my savings account, I would mentally think about how much that amount would have reduced my debt. What gives?

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Prairie Eco-Thrifter

JANUARY 10, 2013

Working to build your emergency fund? Read up on emergency fund basics at Money Smart Guides. If you need more incentive, check out I Heart Money’s 5 reasons to start a budget for 2013. How much money can you live off of? Dragging your feet on finally setting a budget? What are you waiting for?!

Emergency Fund 193

Emergency Fund Debt Student Fridays 193

Prairie Eco-Thrifter

MAY 26, 2016

To learn to live within your means is one of our primary family money values. 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. Why would they want to save their money to get pennies a year on their principal?

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

NOVEMBER 12, 2011

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. My University Money: Should I Pursue a Co-op Education? There were 56 submissions this week.

November 188

November 2011 Personal Finance Finance 188

Prairie Eco-Thrifter

OCTOBER 15, 2011

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Better to refinance and sink those funds into the treasury market! There were 50 submissions this week.

October 200

October 2011 Finance Personal Finance 200

Prairie Eco-Thrifter

DECEMBER 6, 2012

Saving money can be a bit of a difficult challenge, especially if you are in a household that lives paycheck to paycheck like so many do. However, even if you find yourself tight on money, you can still manage to put a little away each month. Many people think that it is too hard to put money away. Saving money is essential.

Bank 265

Bank Banking Money Saving 265

Prairie Eco-Thrifter

NOVEMBER 8, 2012

It’s true that what I do with money technically amounts to a budgeting technique, but the idea of a traditional budget has never appealed to me. Spending Plan = Me In Charge of My Money. The spending plan terminology, though, makes me feel as though I am in charge of what’s happening with my money.

Emergency Fund 202

Emergency Fund Budget Budgeting Psychology 202

Prairie Eco-Thrifter

MARCH 23, 2015

Is it really money or is it something else? If you are married, make sure you talk the money talk, frequently, with your spouse. Should you spend the money on that new flat screen and sound bar, or save it for the emergency fund? Educate yourself and your family in personal finance concepts.

Financial Goals 100

Financial Goals Emergency Fund Money Goals 100

Prairie Eco-Thrifter

MAY 6, 2016

Much of the information in it is basic personal finance guidance (with a biblical twist). Digging into this formula investment technique (which is similar to dollar cost averaging), led me to the re-discovery of multiple other types of formulas and techniques which are supposed to help us make our money grow. Value Averaging.

401K 100

401K Money Emergency Fund Goals 100

Family Balance Sheet

FEBRUARY 2, 2017

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward.

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Prairie Eco-Thrifter

AUGUST 19, 2012

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. This is a reserve of money for emergencies; leave it alone and don’t go dipping into it for general spending. You’ll save money in interest and reduce your liability if times get tough.

Emergency Fund 222

Emergency Fund Insurance Debt Credit Cards 222

Prairie Eco-Thrifter

JANUARY 10, 2012

These days, if you spend any time on most personal finance blogs, one of the author’s main goals in life is spending less money on stuff and more money travelling. Here’s why: You Don’t Have The Money. Okay, congratulations on that, but have you fully funded your emergency fund?

Travel 226

Travel Debt Finance Emergency Fund 226

Prairie Eco-Thrifter

JANUARY 21, 2011

Managing Money. We personally have CIBC Aeroplan cards which we find work great. Financial Highway discussed money and ignorance. Personal Finance by the Book shares with us the nuts and bolts of budgeting and how we can be best equipped to manage our money better. Now on with the PEP’s of the week.

January 124

January Emergency Fund Personal Finance Finance 124