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

Penny Pinchin' Mom

I have a bunch of lovable relatives (my nuclear family) who believe we are somehow made of money. You want people to live a quality life, and you want them to enjoy that life, and that requires some spending money. It should be 6x that, and then you have your minimum emergency fund figure. Family finances can be tricky!

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

So, in this article, we’re going to look at 10 small money mistakes that many people make, often unaware of the impact they are having on their financial security. A budget gives it to you plain and simple – the good, the bad and the ugly. It’s wasted money. Make establishing an emergency fund a priority.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

You are one emergency short of losing track of your finances. What gives? 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. High interest charges make it harder to put money aside for saving.

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

Family Balance Sheet

Include anything that you’d like to add to give the reader an idea about your personality. Part of that is because when you have less debt, you have more money. Your money stays yours, so you can make it work for you. We also went through multiple job losses, surgeries, huge car repairs, etc.

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