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What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

We knew that we would at least partially combine our finances when we were officially married, but when we were making our combined budget before going to the bank and officially combining, we hit a bit of a road block when we realized that we have a huge disparity in our financial goals. Money Tips'

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For Better Savings: Use Sub Accounts to Differentiate Your Goals

Prairie Eco-Thrifter

You might be saving up for a vacation, while at the same time building up your emergency fund and creating a fund for car maintenance and repairs. Take a look at your financial goals, and create sub accounts that allow you to focus on these different objectives. I do this with my emergency fund.

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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%. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses.

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

Penny Pinchin' Mom

Have Specific Financial Goals Financial planning is the key to financial success. You need to have very specific financial goals; what do you need to achieve by which date? It will help you achieve your financial goals faster. The trick is to pay close attention to the interest rates.

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10 Best Low-Risk Investments In April 2024

Savings Corner

There are, however, two catches: Low-risk investments earn lower returns than you could find elsewhere with risk; and inflation can erode the purchasing power of money stashed in low-risk investments. If you opt for only low-risk investments, you’re likely to lose purchasing power over time.

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Make Money Your Hobby

Prairie Eco-Thrifter

How to Start a Savings Plan on a Low-Income So You’ve Maxed Out Your Emergency Fund – Now… For Better Savings: Use Sub Accounts to Differentiate Your… Setting Financial Goals: Make Them Smart and Simple A Painless Way to Pay for Seemingly Out of Reach Goals. Money Tips'

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

They ranged from a low of about $2,300/yr (no zeros missing there!) I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. Building an emergency fund also helps enormously. We hit everywhere in between.

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