Motherhood Moments

JANUARY 18, 2023

An emergency fund is vital regardless of the larger economic climate. But in a recession, you’ll want to consider padding your existing savings — especially due to recent inflation that has pushed the cost of living higher. Generally, you want to aim for an emergency fund of three to six months of expenses.

Recession 100

Recession Finance Emergency Fund Debt 100

Family Balance Sheet

FEBRUARY 3, 2016

However, since paying off our debt, I have become a much bigger fan of the baby steps laid out by Dave Ramsey and really see the wisdom in paying off debt in that fashion. What are the top 3 – 5 ways you found money to put towards debt. My top tips to pay off your debt would be the following.

Debt 100

Debt Debt Free College Finds 100

Family Balance Sheet

JUNE 8, 2018

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. You can’t cut back on your rent or mortgage payment, but you can find ways to save money on your groceries. If you have financial goals, budgeting will be an important tool to reaching those goals.

Budgeting 133

Budgeting Budget Financial Goals Goals 133

Family Balance Sheet

SEPTEMBER 29, 2016

I’m a Grade 7 teacher and my husband is a Mac Tools distributor. We had tried other methods in the past, but found this one suited us best since it forced us to focus on one goal at a time, rather than trying to do it all (pay off debt and contribute to savings and retirement).

Debt 100

Debt Debt Free Budgeting Budget 100