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

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

Penny Pinchin' Mom

DECEMBER 17, 2023

Advantages of Saving Despite Debts Building an Emergency Fund Building an emergency savings fund is the top reason to make saving a priority over paying down debt. Even a small cushion of emergency savings can stop you from sinking further into debt when you are hit with an unexpected expense.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

AUGUST 11, 2016

You work until you are 65 and then retire. Work for the same company for 35+ years. Another friend chimed in, “we’ll never stop working, retirement isn’t possible.” Almost 70% of Generation X have less than $1000 in personal savings account. *. Start Saving for your Emergency Fund TODAY!

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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? Read up on emergency fund basics at Money Smart Guides. Hi everyone. This week has been crazy for me.

Emergency Fund 193

Emergency Fund Debt Student Fridays 193

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 Budgeting Budget 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.

November 188

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?

October 200

October 2011 Finance Personal Finance 200

Family Balance Sheet

MARCH 19, 2014

Our personal finances are so interwoven with our small business finances that they must be seen as one. Save $$$ Home Emergency Fund – Dave suggests to start at $1000, but being self-employed, ours is much higher, but it is not quite 3-6 months of expenses. Our freedom plan has become my guiding light.

Debt 100

Debt Money Emergency Fund Goals 100

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

I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. Their 2017 goal is to boost their savings rate and get their expenses down to $30,000 a year as they work towards financial independence. Make a commitment. .

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Prairie Eco-Thrifter

MAY 6, 2016

Much of the information in it is basic personal finance guidance (with a biblical twist). Author of Forbes article Why You Should Take Joel Greenblatt’s ‘Magic Formula’ Stocks Seriously , Charles Sizemore thinks it works, others don’t. However, while I worked, I also used this method to better advantage.

401K 100

401K Money Emergency Fund Goals 100

Prairie Eco-Thrifter

MAY 26, 2016

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. But, I wonder, will that work in today’s interest rate environment? Helping the parents teach my grandchildren to save is an ongoing project of mine.

Money 124

Money Saving Money Lowes Grandchildren 124

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. This is a reserve of money for emergencies; leave it alone and don’t go dipping into it for general spending. A diversified mutual fund is an excellent way to achieve a diversified portfolio.

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Emergency Fund Insurance Debt Credit Cards 222

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. Personal Finance by the Book shares with us the nuts and bolts of budgeting and how we can be best equipped to manage our money better.

January 124

January Emergency Fund Personal Finance Finance 124

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