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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? Ryan from The Financial Student talks about Getting Rid of Student Loans.

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Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

We have a 5 year old son and are in the process of adopting our 2 year old and 4 month old foster sons, making us parents of 3 boys! My husband works as an architect and I teach art part time at my son’s school. All of our debt was $97,000 in student loan debt. My husband and I have been married for 8 years.

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Meet a Reader | JenRR from the Midwest

The Frugal Girl

I’ve been an architect, day-care teacher to toddlers, and library clerk, but am currently a SAHM to a 14yo son and 9yo daughter. After I became a mother, finances became much more complicated. My son is allergic to dairy, wheat, nuts, eggs and peas. I live in a fairly transient town with lots of college students.

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What Money Advice Would You Give Yourself If You Could Go Back in Time

Prairie Eco-Thrifter

When I’d do things like take out student loans even though I had a full-tuition scholarship and a sweet part-time job in the university cafeteria. These are lessons that I try to impress upon my son because I don’t want him to make the same mistakes I made 15 years ago. Now, my focus looks a little forward.

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Kindergarten to College – Back to School Money Tips

Prairie Eco-Thrifter

Not many – but by planning ahead now you might find ways to lessen the expenses you will face next month and use the annual experience as a teachable moment in your child’s personal finance education. Check with your local college for students who are majoring in the subject your child needs help with. using tax free days.

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Financial Lessons for Kids that Actually Worked

Prairie Eco-Thrifter

While my spouse and I were in the throes of child rearing we didn’t think much about providing an intentional or structured set of lessons around personal finance. But, even so, we did manage to raise our sons to be financially capable adults. College students are usually not mature enough to handle a windfall.

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Is the Building of Experiences and Memories Worth the Cost?

Prairie Eco-Thrifter

Naturally, my spouse and I had a discussion on how much we wanted to fund for our two sons and their families. We could well afford the cost with no foreseeable problem with our own finances now or at any time in the future. One son is trying to rebuild finances after an expensive year. Our ideas of value differ.

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