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. It should be 6x that, and then you have your minimum emergency fund figure. You don’t want your family’s financial security to go down the drain.

Finance Tips 52

Finance Tips Finance Emergency Fund Life Insurance 52

Penny Pinchin' Mom

DECEMBER 17, 2023

The post The Age Old Question: Should You Pay Off Debt or Save? Should you pay off debt or save? You are one emergency short of losing track of your finances. If you are confused about whether you should pay off debt or save, you are not alone, although everyone’s financial situation is different.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

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. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. Lack of An Emergency Fund .

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Emergency Fund Credit Cards Personal Finance Finance 272

Family Balance Sheet

AUGUST 11, 2016

You work until you are 65 and then retire. And in adulthood, they are stashing their incomes and living hyper-frugally to save for early retirement, instead of waiting to 65 to fulfill their dreams. Work for the same company for 35+ years. This leaves not much left to save for retirement. Go to school. It is a lot.

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Emergency Fund Money Finance Debt 100

Prairie Eco-Thrifter

JANUARY 10, 2013

I have started a new job at work which is great but also very overwhelming as I still need to keep up doing my old job until my replacement is hired and trained. Working to build your emergency fund? Confused about how much you should save and how you should go about saving it? Hi everyone. As December.

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Emergency Fund Debt Student Fridays 193

Prairie Eco-Thrifter

AUGUST 19, 2012

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. It’s not for paying bills, going on holidays or paying college fees; no matter how urgent these might be, they are not emergencies. Let’s look at some of these strategies now.

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Emergency Fund Insurance Debt Credit Cards 222

Prairie Eco-Thrifter

NOVEMBER 8, 2012

My retirement account contribution, emergency fund contribution, car payments, utility bills, and mortgage are all set up so that they are paid automatically each month. Of course, this spending plan method only works in my family because our wants are fairly modest so we don’t exceed our income each month.

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Emergency Fund Budget Budgeting Psychology 202

Prairie Eco-Thrifter

NOVEMBER 12, 2011

November to many of us means nothing more than turning on the heat, finishing the yard work, and beginning our hibernation from the cold. Money Beagle: Why You Should Write Your Personal Finance Executive Summary Today – Working with a clearly defined objective is key to financial success.

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November 2011 Personal Finance Finance 188

Prairie Eco-Thrifter

OCTOBER 15, 2011

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Better to refinance and sink those funds into the treasury market! Why Do You Need One and How Does it Work?

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October 2011 Finance Personal Finance 200

Family Balance Sheet

MARCH 19, 2014

Becoming debt free became appealing and the idea of being able give more, save more and live more took my breath away. Our personal finances are so interwoven with our small business finances that they must be seen as one. **Exact numbers have been omitted at this time. Save 15% of gross income in retirement plans.

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Debt Money Emergency Fund Goals 100

Prairie Eco-Thrifter

JANUARY 10, 2012

These days, if you spend any time on most personal finance blogs, one of the author’s main goals in life is spending less money on stuff and more money travelling. One of my personal goals in 2012 is to travel more. I want to use up all my holidays from work, as well as going on some random weekend road trips.

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Travel Debt Finance Emergency Fund 226

Prairie Eco-Thrifter

JANUARY 21, 2011

Yesterday on my walk home from work I was flying high. It really worked…my smile was contagious. We personally have CIBC Aeroplan cards which we find work great. There are many people in our circle of friends who haven’t even started thinking about savings and retirement. Why not max out your savings?!

January 124

January Emergency Fund Personal Finance Finance 124

Prairie Eco-Thrifter

MAY 26, 2016

Helping the parents teach my grandchildren to save is an ongoing project of mine. Each year I bring them together in my Grandma Rie’s Money Camp and focus on different aspects of personal finance, with saving being a focus in each camp. Trepidation about having the grand-kids open a savings account.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

MARCH 23, 2015

Most of us, however, have to really work at it to become financially independent. Should you spend the money on that new flat screen and sound bar, or save it for the emergency fund? Educate yourself and your family in personal finance concepts. We have to choose wealth. What keeps you from choosing wealth?

Financial Goals 100

Financial Goals Emergency Fund Money Goals 100

Family Balance Sheet

FEBRUARY 2, 2017

They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward.

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Financial Goals Goals Debt Budgeting 100