Motherhood Moments

JANUARY 18, 2023

Prepare ahead of time and create a bare bones budget that includes only your essentials — think food, shelter, clothes, transportation and insurance — so you have a plan in the event that you experience a loss of income or need to cut expenses suddenly. An emergency fund is vital regardless of the larger economic climate.

Recession 100

Recession Finance Emergency Fund Debt 100

Penny Pinchin' Mom

DECEMBER 17, 2023

The post Managing Family Finances: Tips and Strategies for a Better Financial Future appeared first on Penny Pinchin' Mom. Family finances can be tricky! I have a bunch of lovable relatives (my nuclear family) who believe we are somehow made of money. I would know. But how can you balance the two?

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Penny Pinchin' Mom

DECEMBER 17, 2023

From a personal point of view, I much prefer living debt free. The problem is, every time I sent money to my savings account, I would mentally think about how much that amount would have reduced my debt. High interest charges make it harder to put money aside for saving.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52