Penny Pinchin' Mom

DECEMBER 17, 2023

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. The ideal scenario is that your emergency fund should look to cover at least six months of all your monthly household expenses should you suddenly lose your income.

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Prairie Eco-Thrifter

AUGUST 10, 2014

Insurance helps you manage your finances. Renters insurance makes sense for those who wouldn’t be able to replace the items in their apartment or rental home on their own, just paying cash. In some cases, you are required to carry insurance. Other insurance isn’t so straightforward. Covering Yourself.

Insurance 193

Insurance Life Insurance Health Insurance United States 193

Saving In Akron

MARCH 9, 2011

Geez, I couldn't make this stuff up if I wanted to. I will keep this car until doesn't run anymore, just like my husband's 16 year old car, and I will make the car payments to myself in order to recoup my savings. This all goes back to having an emergency fund and paying yourself first. Anyone can do this.

Emergency Fund 100

Emergency Fund Daughter Cars Car 100

Family Balance Sheet

JANUARY 17, 2018

Did you make 2018 financial goals ? We even bought an online package years ago, but have since decided that we will have a lawyer draw up our will, medical directive, and power of attorney documents to make sure everything is in place legally. Read our Health Insurance Story: . This will take us most of the year.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

JUNE 22, 2020

With that much debt, we needed some go big or go home heavy hitters that would make a big impact on debt reduction. We started with 5 loans and paid the smallest loan off first while making the minimum payments on the other 4 loans. Health Sharing Ministry. We followed Dave Ramsey’s debt snowball method for debt reduction.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

AUGUST 11, 2014

The company I had worked at for 12 years when I started my journey in January 2013, announced it would be making significant job cuts summer 2013. I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects. Was there a particular event? What are your financial goals now?

Debt Free 235

Debt Free Debt Mom Goals 235