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

Penny Pinchin' Mom

By that, I mean you have created a weekly, monthly, and even annual budget, or you’ve taken the time to go through my Financial Reboot Course to give yourself an excellent chance to reign in your finances. It should be 6x that, and then you have your minimum emergency fund figure. That’s nowhere near enough!

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

You have to give it space and time (lots of time) to grow into a huge money producer. He never earned more than $46,000 per year, but he turned that into several million dollars, most of which he’s giving away. We have enough to live on from other sources and an emergency fund. You can do this. Florence Ballenger.

Virginia 160
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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

Automate Your Contributions This is something I have decided to do with my kids: as soon as anyone turns 18, I’m going to give them $500 as a start-up investment in their Roth IRA. Things like your savings account, your retirement fund, your house, investments accounts, real estate…these are all assets.

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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Money Talks Coaching: Finding Your Emergency Fund – I hear you saying “I know emergency funds are important, but how am I supposed to save money when I can’t even pay my bills?” Today I’m going to talk about getting those emergency funds going. krantcents: How Will You Measure Your Life?

November 188
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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

20′s Finances: Hiring a Property Manager: What it Offers You Real Estate Investments can be time consuming. Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund. Why Do You Need One and How Does it Work?

October 200
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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Having that emergency fund to keep on paying for the utilities when you lose your job, or for buying the new furnace when the old one gives out may save you from using high interest debt, such as credit cards or title or payday loans to finance your day to day needs. Saving first can help you avoid usury interest rates.

Money 124
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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

Include anything that you’d like to add to give the reader an idea about your personality. We are almost done with our 3-6 month emergency fund and will begin maxing out our retirement accounts. Once we max them out, we hope to put excess cash into real estate and potentially additional brokerage accounts.

Debt 100