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2019 Debt Freedom Plan Update

Family Balance Sheet

1 – Save a starter Home Emergency Fund. Dave Ramsey suggests to have a starter emergency fund of $1000 while focusing on paying off non-mortgage debt. We have definitely dipped into this fund often, so I’m glad I strayed from his advice here.

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

Penny Pinchin' Mom

Things like your savings account, your retirement fund, your house, investments accounts, real estate…these are all assets. Things like your car, your rent, loan interest, and so on are your liabilities. Knowing this difference will show you where you stand financially.

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The Easiest Ways to Save Money on Household Expenses

Prairie Eco-Thrifter

Now is the time to watch every penny that you spend, so that you can purchase more in the same budget or even better, put that money in emergency funds. A good part of our monthly income is spent on grocery shopping, and the budget may even go higher depending on whether it’s a holiday or a birthday where you need to feed more people.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Many of us have just celebrated Canada Day or Independance Day; a holiday where we celebrate our freedoms. Tim from How to Make Bankable Savings discusses Buy Versus Rent: Non-Financial Considerations are Ke y The decision to buy or rent your home involves more than a financial analysis.

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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. The holiday season is fast approaching!

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Create a Monthly Spending Plan | 31 Days to Organize Your Finances

Family Balance Sheet

It’s a good idea to refer to your family calendar to remind you of any events, holidays, or activities where you’ll need money. Categories could include, but are not limited to: rent/mortgage. Categories could include, but are not limited to: rent/mortgage. Personal Escrow Fund. Gift Giving Fund.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

This could be your rent/mortgage, utilities, loan payments, anything that has a due date. Write down any events/holidays/activities that will require funds for the month that you are planning, along with a projection of what you’ll need. Break your expenses into two categories: Necessary (for survival).

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