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5 Essential Money Tips for Newlyweds

Prairie Eco-Thrifter

Being a newlywed means you have a few things to get used to, and that includes the way you handle your finances. As you begin to navigate the waters of newlywed finances, here are 5 money tips that can help you out: 1. Many couples struggle with trying to figure out whether or not to combine finances. Set Goals Together.

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Cool Things I Read This Week

Prairie Eco-Thrifter

Reader Asks About Selling Home to Pay Off Debt – [link] I agree. Selling your home will not fix your money management issues. #. Prairie Eco-Thrifter has Been Featured in the Carnival of Personal Finance # 297 [link] #. Prairie Eco-Thrifter has Been Featured in the Canadian Finance Carnival # 24 [link] #.

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

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

I know there are many reasons for the dire savings rates: kids, household projects, kids, pets, kids, caring for an aging parent, kids, medical issues, and kids. But for our own safety net, we must make our finances a priority. We charted out our course of action to pay off debts and start saving for retirement.

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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

As long as circumstances and markets act in this predictable manner, there is no issue. If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. Your money really can last forever. But What If Things Change?

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Arguably if I’d known about all the great free advice around at that time I’d have got out of debt sooner, but in the early days it was really a case of trying to figure it out for myself. What are the top 3 – 5 ways you found money to put towards debt. Paying off debt and growing savings is a means to an end.

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