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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

You don’t want your family’s financial security to go down the drain. Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. It should be 6x that, and then you have your minimum emergency fund figure.

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Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

Family Balance Sheet

I had enjoyed a great salary working in Pharma and been far too irresponsible with what God had blessed me with to provide financially. I knew that if I was laid off, I would most likely take at least a 1/3 of a cut in pay, no matter what industry I chose, more if I left pharmaceutical sales. What are your financial goals now?

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