Penny Pinchin' Mom

DECEMBER 17, 2023

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!

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Prairie Eco-Thrifter

AUGUST 10, 2014

Other valuables, such as fine or heirloom jewelry, or artwork, might require special insurance if they are expensive enough that your homeowners or renters policy wouldn’t cover them. Other insurance isn’t so straightforward. What About Self Insurance? Another option is to self insure. Money Tips'

Insurance 193

Insurance Life Insurance Health Insurance United States 193

Saving In Akron

MARCH 9, 2011

Quite frankly, I considered borrowing part of the money because of the almost non-existent interest rate, but it gave me such anxiety that I just couldn't bring myself to do it. This all goes back to having an emergency fund and paying yourself first. My family would not have survived without that emergency fund.

Emergency Fund 100

Emergency Fund Daughter Cars Car 100

Family Balance Sheet

JANUARY 17, 2018

I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Read our Health Insurance Story: .

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Family Balance Sheet

JUNE 22, 2020

As part of his baby steps, he does not advocate contributing to retirement until after you’ve paid off non-mortgage debts and saved 3-6 months of expenses in an emergency fund. As hard as it was to do, we stopped contributing to our retirement for about three years and applied that money to these loans.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

AUGUST 11, 2014

What are the top 3 – 5 ways you found money to put towards debt. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Start by categorizing where you have been spending money. Budgeting ahead of time, “telling my money where to go, instead of asking where it went.”

Debt Free 235

Debt Free Debt Mom Goals 235