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So You’ve Maxed Out Your Emergency Fund – Now What?

Prairie Eco-Thrifter

Personal financiers will frequently advise that you have an emergency fund of 3-6 months of expenses in your bank account at all times. I remember a few months ago when I hit my $10,000 emergency fund target. Once you’ve reached that goal and have a nice, healthy emergency fund in your bank, what do you do next?

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

The PA governor has shut down all non-essential businesses indefinitely and we’ve now been ordered to stay at home unless traveling to essential jobs, needed supplies, or outdoor exercise as long as we practice social distancing. I have written often about the importance of an emergency fund. Post-coronavirus, not so much!

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

The proverbial saying ‘money doesn’t grow on trees’ is used by many a parent in denying some wished for item to their children. Well, kids, your parents lied to you – money does grow on trees. A money tree starts out growing slowly, so small at first that you don’t even think it is there.

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My Life Plan

Family Balance Sheet

Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds. Continue to live debt free with the ability to travel more, give more, pursue our passions. Travel the country with my husband in an RV. Celebrate with a trip to Walt Disney World. Start saving for college. Achievable?

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Financial Success: It’s Not Always About Your Income

Prairie Eco-Thrifter

Our son was growing, and we knew we wanted to provide him with extracurricular activities that made sense for him — music and sports and scouting. I like travel. This means that after we take care of retirement and emergency fund contributions, and after everything else is taken care of, we have enough to do what we like.

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Our Big Financial Goal for 2016

Family Balance Sheet

You can only cut so much from a budget, so to fill in our shortfall, we’ll need to also earn extra income by growing our small business and growing my blog income. We will continue to save for travel and it is already part of our budget. Earn Additional Income. Apply any Found Money to Debt. Home Projects.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Anon from Gen Y Capitalist tells Why It’s Better to Travel NOW Rather Than Save For Later. 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. Music to my ears!!