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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! Provide your family with a desirable quality of life while still ensuring that your family’s finances are secure for the future. I would know.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

So, you want to get started on debt repayment so you can focus on other financial goals? However, if you pay off these debts, there will be nothing left for investments in these tough financial times. You are one emergency short of losing track of your finances. Should you pay off debt or save? What gives?

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future. A budget provides you with a financial roadmap to get to where you want to be in life. It’s wasted money.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

When it comes to you finances, are you doing okay, but know you could be doing better? Making an intention to be ‘better with money’ is a good one, but way too vague. It makes us think of sacrifice, giving up all the fun stuff and obsessing over every dollar we spend. When making one, remember to be realistic.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

Your money stays yours, so you can make it work for you. We also went through multiple job losses, surgeries, huge car repairs, etc. It’s all about living with the choices you make, and changing what isn’t working vs. telling yourself “oh well, but I can’t do that because __.”

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

She owns Every Single Dollar , an online financial resource dedicated to helping single women make informed financial decisions and set themselves up for financial success. It was time to make a change. I am much more conscientious about buying things and think twice before making a purchase.