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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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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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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. appeared first on Penny Pinchin' Mom.

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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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Create your debt freedom plan

Family Balance Sheet

Our personal finances are so interwoven with our small business finances that we view them as one. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. Increase our emergency funds for the home & office to 3 – 6 months worth of expenses.

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You CAN Choose Wealth

Prairie Eco-Thrifter

Set your financial goals together and you both will be more likely to stick to them. Weigh each decision against your financial goals. 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.