Remove Financial Goals Remove Real Estate Remove Used Remove Work
article thumbnail

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

Penny Pinchin' Mom

Have Specific Financial Goals Financial planning is the key to financial success. You need to have very specific financial goals; what do you need to achieve by which date? Things like your savings account, your retirement fund, your house, investments accounts, real estate…these are all assets.

article thumbnail

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

Penny Pinchin' Mom

What I have found to work is that if I can access my emergency fund within 24-48 hours, it is ideal both in terms of easy accessibility and liquidity as well as inconvenient enough that I don’t get tempted to dip into it for something it really shouldn’t be used for. Who has that kind of money?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buying A House In 2023: A Step-By-Step Guide

Savings Corner

This year may go down in real estate history as the year of correction. Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Get started: Define your personal and financial goals. Would renting for another year or two improve your financial standing?

article thumbnail

How to Manage Different Investment Risk Tolerances Between Spouses

Prairie Eco-Thrifter

The other is to find out what your ‘money personality’ is by rating your money use, acquisition and management tenancies as one of three states: Acquisition: Avoidant Secure Insatiable. Use: Miser Secure Compulsive overspender. Set your financial goals. Then tell each other your stories. We have done both.

article thumbnail

Do I Need a Financial Advisor? When it’s worth it

Savings Corner

For example, financial advisors can help you plan for retirement, budget, plan your estate and more. They also help you set your personal financial goals to reach milestones. When to get a financial advisor Not everyone needs a financial advisor, especially since it’s an additional cost.

article thumbnail

How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

My Excel spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. But as we worked our way through our Debt Freedom Plan , we watched our debts fall and our net worth climb. I STILL use our spreadsheet today. You could also use a recent appraisal.

Family 241
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

Did you make 2018 financial goals ? My husband and I discussed some ideas over our holiday break and we decided on 2 solid must-achieve financial goals for the year. If we complete them early, we’ll move on to 2 additional goals that are on our radar. Shame on us for dragging our feet on this for too long.