article thumbnail

My Life Plan

Family Balance Sheet

As part of Prudential’s Women Inspired campaign, I was encouraged to think about my dreams detailing my long-term goals and aspirations. Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds. I broke my goals into two categories: Financial and Personal. photo credit.

article thumbnail

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

Penny Pinchin' Mom

Of that 70%, more than half are women. A savings account (both long-term and emergency funds) A retirement account An investment account A current account (for day-to-day expenditure, holiday spending, and such) A loan payment account for things like student loans and credit cards These will help you track where your money is going.