Penny Pinchin' Mom

DECEMBER 17, 2023

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. You will need to handle them first, even if your emergency fund is nonexistent.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Prairie Eco-Thrifter

JULY 28, 2014

I started counting it, tracking it, and trying to grow it. Updating spreadsheets, learning new savings and investment strategies, and watching my net worth grow over time became increasingly exciting. Once you have a goal in mind, you need a roadmap for how you’re going to get from point A, where you are now, to point B, your goal.

Hobby 189

Hobby Money Making Goals 189

Family Balance Sheet

APRIL 11, 2020

I have written often about the importance of an emergency fund. We have an emergency fund, but after this crisis, we will likely need to replenish it and increase the amount that we keep. My second prayer is that my family gets through this crisis financially. Being self-employed, we need the security that it offers.

Budget 246

Budget Budgeting Family Debt 246

Penny Pinchin' Mom

JANUARY 16, 2024

I had issues with my finances (I almost went bankrupt at some point) until I decided to educate myself. I’m not talking about becoming a CPA or a Wall Street guru. I’m talking about simple lessons that will change the way you relate to money. There are a million short courses online that can help you get started.

Personal Finance 52

Personal Finance Finance Tips Finance Mom 52

Prairie Eco-Thrifter

JULY 4, 2011

These days, there is an ever-growing concern about the safety of our personal information when it is shared over the World Wide Web. Sean Smarty from Grow Money talks about How to Invest During College. Squirrelers from Squirrelers presents The Case for a Bigger Emergency Fund. Have you ever derailed your goals?

Personal Finance 240

Personal Finance Finance Family Debt 240

Prairie Eco-Thrifter

MAY 26, 2016

Those of us who have been around awhile remember much higher rates – even up to 14% on CDs at one point. Instead of saving, we could take some bigger risks to try to grow our money. But, with each of the above, you lose the use of that money and often have little chance of even getting it back, let alone making it grow.

Money 124

Money Saving Money Lowes Grandchildren 124

Penny Pinchin' Mom

MARCH 11, 2024

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. At this point, you will have saved a whopping $5,050, and then you can start again.

Saving Money 52

Saving Money Money Saving Credit Cards 52