Prairie Eco-Thrifter

JUNE 11, 2014

One of the mistakes that we often make when saving is putting everything into one account. You might be saving up for a vacation, while at the same time building up your emergency fund and creating a fund for car maintenance and repairs. I do this with my emergency fund. Break Out Your Objectives.

Goals 208

Goals Emergency Fund Used Vacation 208

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

JULY 28, 2014

I mastered the use of excel spreadsheets while monitoring every expense, I opened my first retirement account and bought my first shares of stock while feverishly reading through Investing for Dummies , I began checking all of my accounts, every day to ensure that any and all charges were correct and accounted for… and I loved it.

Hobby 189

Hobby Money Making Goals 189

Family Balance Sheet

APRIL 9, 2021

He makes it really simple and you should Google it if you haven’t heard of his steps. We also didn’t feel comfortable with Dave’s suggestion of a $1000 starter emergency fund, which is his step #1. But $1000 was not nearly enough money to cover sudden emergencies in both our home and business.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Family Balance Sheet

MAY 6, 2020

What got us through financially? Our emergency fund. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. I still use my spreadsheet to this day! It was a lifesaver, a sanity saver, and a marriage saver.

Debt 130

Debt Emergency Fund 2007 2020 130

Family Balance Sheet

JUNE 24, 2021

But let me show you how to budget (and pay) for yearly bills with a strategy I’ve used for years. Make a list of ALL your yearly, quarterly, and any other non-monthly expenses. This is not an account to fund anything else–ever! Ok, I can hear you saying, “Kristia, you make it sound so easy!”

Bills 130

Bills Budgeting Budget Emergency Fund 130

Prairie Eco-Thrifter

JULY 10, 2014

I acknowledge that these things make my life worth living as well. In fact, if you identify your values, and use them to direct your finances, you are more likely to stick with a spending plan and feel better about your financial situation at the same time. I know that I need to buy certain things for my home, for upkeep. must be paid.

Budgeting 218

Budgeting Budget Work Making 218

Penny Pinchin' Mom

DECEMBER 17, 2023

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. High interest charges make it harder to put money aside for saving. You will need to handle them first, even if your emergency fund is nonexistent.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

NOVEMBER 5, 2014

Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place. We met with a financial planner and he gave us a specific plan to get out of debt with a specific amount of money to put toward debt each month. Make paying off debt a priority. We do it together.

Debt Free 241

Debt Free Debt Emergency Fund Finance 241

Prairie Eco-Thrifter

JUNE 30, 2014

We knew that we would at least partially combine our finances when we were officially married, but when we were making our combined budget before going to the bank and officially combining, we hit a bit of a road block when we realized that we have a huge disparity in our financial goals. Compromising is Key. Allocation of Side Job Earnings.

Financial Goals 189

Financial Goals Goals Emergency Fund Finance 189

Prairie Eco-Thrifter

JANUARY 1, 2013

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. We don’t intentionally make mistakes but sometimes we cannot see any way out of our current position. Lack of An Emergency Fund .

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Motherhood Moments

MARCH 4, 2023

The first line of defense against debt is to make a budget and keep to it. Knowing where your money is going is the first step toward making wiser spending decisions. Start by evaluating your needs versus your wants, and make sure your spending aligns with your goals and values. Make smart choices with credit.

Debt 130

Debt Money Building Credit Cards 130

Prairie Eco-Thrifter

JUNE 9, 2013

You can make your life better for yourself by reducing stress. This is where you start to make some small changes designed to reduce stress. Set aside a time for making phone calls and don’t make or receive calls at any other time. Maybe your doctor has already advised you to lower your stress levels; I know mine has.

Making 202

Making Emergency Fund Work Finance 202

Family Balance Sheet

AUGUST 11, 2016

But for our own safety net, we must make our finances a priority. It’s taking forever for us to accomplish the step we’re on (paying off our non-mortgage debt), but we keep plugging away. Use my Family Balance Sheet excel spreadsheet to help you organize your finances. Start Saving for your Emergency Fund TODAY!

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Family Balance Sheet

APRIL 11, 2020

Pre-coronavirus, we didn’t think twice about shaking a stranger’s hand, using the ATM keypad, or going to the grocery store without donning a hazmat suit. I have written often about the importance of an emergency fund. year old Honda Odyssey with a new to us vehicle. I have been using it ever since.

Budgeting 246

Budgeting Budget Family Debt 246

Prairie Eco-Thrifter

JANUARY 19, 2015

Yet, too often we make excuses not to save money, or we feel like our budget is just too tight to save. There are tricks you can use to save more money even IF your budget is very tight. Earmark this money for an emergency fund, a new car fund, a vacation fund, whatever you would like. I know I would.

Money 100

Money 2015 Emergency Fund Bills 100

Prairie Eco-Thrifter

MARCH 25, 2013

What happens if you are hit with an expense that you can’t afford, and your emergency fund just isn’t up to scratch yet? Chances are that you will turn to a source of quick cash to make up the deficiency. Unfortunately, these sources of quick cash are among the worst possible ways to fund your emergency.

Emergency Fund 221

Emergency Fund Taxes Cars Car 221

Prairie Eco-Thrifter

JANUARY 30, 2013

I have emergency supplies in the car, including blankets, food, flares, and First Aid. Know where these items are, and make sure other family members know as well. Make sure that you understand escape routes from the house, and that you drill family members on how to get clear of the house, and where to meet.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Prairie Eco-Thrifter

NOVEMBER 17, 2018

Ultimately, if you were the person responsible for paying the bills in your home, and you didn’t have much of an emergency fund in place, there’s a chance that you’ll need to seek out the assistance of a personal loan between you and your partner until you get back on your feet. 2. Stay Organized.

Hunts 138

Hunts Emergency Fund Re-use At&T 138

Prairie Eco-Thrifter

MAY 27, 2012

To help you identify where you might be going wrong, we’re going to look at some of the more common financial mistakes people make. See if you can identify with any of these statements: I spend more than I earn I don’t have a household budget I use credit cards all the time to buy everyday essentials like food, gas, transport.

Emergency Fund 212

Emergency Fund Credit Cards Budgeting Budget 212

Prairie Eco-Thrifter

NOVEMBER 8, 2012

But calling it a spending plan makes me feel better. The spending plan terminology, though, makes me feel as though I am in charge of what’s happening with my money. Over the years, my husband and I have pretty much narrowed down our spending priorities so that we only use our money on the things that are most important to us.

Emergency Fund 202

Emergency Fund Budgeting Budget Psychology 202

Savings Corner

DECEMBER 24, 2023

How to use a debt consolidation calculator to control your debt It is easy to get overwhelmed with debt, but debt consolidation offers a solution. Because a personal loan is unsecured, there are no assets at risk, making it a good option for a debt consolidation loan. Getting an unsecured card ensures you won’t risk any assets.

Debt 52

Debt Calculators Credit Cards Credit 52

Family Balance Sheet

MAY 21, 2021

Did you make a goal to pay off debt this year? It took us years to pay it all off, but we achieved it in 2019. I couldn’t imagine making the monthly payments for the full term of the loans, so I concocted an idea to pay them off early and wrote our Debt Freedom Plan. 2 – Create your Debt Freedom Plan.

Debt 130

Debt Goals Debt Free Pay Off Debt 130

Family Balance Sheet

JULY 10, 2023

My plan is to use this cash first as it will come to term around the same time we will need to make the first college payment. I also opened another Capital One 360 account for our emergency fund that was also sitting in a zero-interest savings account. In total, we have made $250 in interest since April.

Frugal 100

Frugal June Flights CD 100

Prairie Eco-Thrifter

JANUARY 16, 2014

Traditional investment advice says that you shouldn’t invest in the market until you are financially stable, have an emergency fund and have taken care of other basics, such as insurance of all kinds, debt removal and etc. If you don’t have any stock market investments, how can you get in on the action?

Emergency Fund 184

Emergency Fund Debt Money Father 184

Saving Cents With Sense

MAY 26, 2014

The first thing you should determine when making a financial plan is your goals. Income should include all funds from paychecks, government assistance, annuity payments and so forth. Build a Budget & Emergency Fund. Based on this information, make a budget. This site uses affiliate links.

Emergency Fund 71

Emergency Fund Goals 2008 Debt 71

Family Balance Sheet

MARCH 19, 2014

But I personally don’t want to be any body’s slave and the total debt payment we make every month is astounding. Using Dave Ramsey’s 7 baby steps, we created our Debt Freedom Plan. I refer to it often when we need to make financial decisions. We will use Dave Ramsey’s debt snowball method. |

Debt 100

Debt Money Emergency Fund Goals 100

For the Mommas

JANUARY 19, 2016

Before you go on that shopping spree, though, consider these ideas about where you can put your money that will make a difference for you in the long run. If you are one of the many people who have a little or a lot of debt accumulated through credit cards or other ways, use this opportunity to pay some of it back. Get Rid of Debt.

Taxes 40

Taxes Emergency Fund Debt Money 40

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

Prairie Eco-Thrifter

MAY 20, 2014

When you think about money as a tool, an as a means to an end, it doesn’t make sense to let it sit idle. It’s one thing to have a couple thousand dollars in an emergency fund. While I like to make sure that I am investing for the long term, I also like my money to provide me with worthwhile experiences right now.

Money 200

Money Emergency Fund Work Advantage 200

Savings Corner

DECEMBER 25, 2023

Decide between leasing and buying Whether you’re leasing or buying a car makes a difference in what you can afford. Use a leasing versus buying calculator to calculate your potential savings. What is affordable comes down to how you plan to use your vehicle, so read up on the full benefits and drawbacks of each before you commit.

Cars 52

Cars Car Insurance Calculators 52

Prairie Eco-Thrifter

OCTOBER 26, 2014

There’s no point in using more money than you need to. Make a list of all of the family and friends you buy for and how much you usually spend. Can you make any presents? If you don’t have a lot of cash, making presents can be the way to go. First, do you have time to make homemade Christmas presents?

Holiday 169

Holiday Emergency Fund Homemade Eating Out 169

Saving With Shellie

JUNE 30, 2014

Make a total of 5 purchases (either signature or PIN-based) using your Electric Orange Card within 45 days. OR Make a total of 5 CheckMate SM deposits within 45 days (or any combination of purchases & deposits). Then I used the card at Sonic for Happy Hour 5 different times. How to Get Your FREE $100. Easy Peasy.

Emergency Fund 79

Emergency Fund Sonic Frugal Lives Frugal Living 79

Penny Pinchin' Mom

MARCH 11, 2024

Having to deny yourself the instant gratification that comes with spending the money at hand calls for incredible mental fortitude; this is especially true in the era of “Insta-life,” where everyone wants it now, and Instagram models make their lives look so glamorous. Start Using Cash This is a wonderful way to save money.

Saving Money 52

Saving Money Money Saving Credit Cards 52

Prairie Eco-Thrifter

FEBRUARY 4, 2014

When I was younger, I used to think that a higher income was the solution to most of my financial issues. We make plenty!” 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.

San Francisco 248

San Francisco Emergency Fund Money Utah 248

Savings Corner

FEBRUARY 2, 2024

We believe everyone should be able to make financial decisions with confidence. So how do we make money? Our partners compensate us. Our partners cannot pay us to guarantee favorable reviews of their products or services. Use this free savings calculator to understand how your money can grow over time.

Calculators 52

Calculators Saving Bank Banking 52

Prairie Eco-Thrifter

OCTOBER 24, 2013

Some think that a home makes a good investment. There are those who believe that a home doesn’t make a particularly good financial investment, but that it can be a great emotional/personal investment. Buying a home can provide a safe, stable, and personal space that your family can use as a haven. An emergency fund?

Buy 217

Buy Buying Debt Emergency Fund 217