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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

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.

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How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government. For ideas to find those funds, read: 25 Ways to Find Money for Your Emergency Fund.

Bills 130
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Types of Investors

Prairie Eco-Thrifter

His idea was to buy some land, a bit outside his own area and develop it into an estate type community – homes with acreage. This man works for a family firm that deals in real estate and has some connections to people who have done development, but has no experience himself. Real estate investors.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

Once you have saved a base amount, branch out to put additional money into the stock and bond markets, real estate and other types investments that will grow your money faster than a secure savings account. We have enough to live on from other sources and an emergency fund. Care for your investments and savings.

Virginia 160
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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

Things like your savings account, your retirement fund, your house, investments accounts, real estate…these are all assets. Just calculate the difference between your assets (things that bring you money or positive financial value) and liabilities (things that take money out of your pocket).

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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Money Talks Coaching: Finding Your Emergency Fund – I hear you saying “I know emergency funds are important, but how am I supposed to save money when I can’t even pay my bills?” Today I’m going to talk about getting those emergency funds going. krantcents: How Will You Measure Your Life?

November 188
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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

and says, “While the real estate market continues on the road to recovery, there has been quite a buzz recently regarding reverse mortgages. Specifically, how important emergency fund planning was for a couple with a veterinary emergency at their home.”