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

Penny Pinchin' Mom

The post Managing Family Finances: Tips and Strategies for a Better Financial Future appeared first on Penny Pinchin' Mom. Family finances can be tricky! I have a bunch of lovable relatives (my nuclear family) who believe we are somehow made of money. You need the entire family pulling in the same direction.

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Should You Accept Family Money?

Prairie Eco-Thrifter

Daughters and sons of very wealthy families sometimes want to disown the family wealth in order to prove themselves. Some grown children move thousands of miles away and change their names in order to avoid the ‘taint’ of the wealth and family name. Helping kids over a rough spot can make a parent feel useful.

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How to Overcome an Addiction Without Breaking the Bank: Key Tips to Follow

Koupon Karen

Addictions can lead to job loss, strained relationships, legal issues, and health problems, all of which come with their expenses. Treatment programs and therapy sessions can also add up, making it seem like overcoming addiction is only possible for those with deep pockets.

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Buying a Home With the Help of Mortgage Insurance

Prairie Eco-Thrifter

But more significantly, it’s also prevalent in the big things; buying an enormous five-bedroom house for a family of three, for example, that takes up vital resources (gas, electricity) in addition to costing a fortune. It’s a positive thing to buy a house and make it the home you always dreamed of. So, what do you think?

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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. Know where these items are, and make sure other family members know as well. If you have limited storage space, at least put together a 72-hour kit for each member of your family.

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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

Even if you aren’t invested in the market, you wonder if this will ripple down to you in the form of more job losses, higher prices, inflation, benefit reductions and belt cinching. Is now the time to put that in the market and make it grow? This Is An Opportunity to Build Family Wealth. Why Not Do Both? Hughes, Jr.

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

but rather for the satisfaction of making a positive contribution with my time and effort. Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. What Makes You Feel Wealthy? Would I have enough to house, feed and clothe them?

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