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What to Do When You and Your Spouse Have Differing Financial Goals

Prairie Eco-Thrifter

We knew that we would at least partially combine our finances when we were officially married, but when we were making our combined budget before going to the bank and officially combining, we hit a bit of a road block when we realized that we have a huge disparity in our financial goals. Compromising is Key.

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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 car, your rent, loan interest, and so on are your liabilities. Increase your savings and investments instead.

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2019 Debt Freedom Plan Update

Family Balance Sheet

Our 2019 Financial Goal. Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. We can now move on to other financial goals. 1st Update in June 2014. 2018 Update.

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The High Price of Excuses, Justification, and Avoidance.

Prairie Eco-Thrifter

I found out that the rent on this studio was $2,400/month. My rent in our spacious three bedroom was $500/month. I understand that your circumstances may take some options off the table, but every option? People who want to justify will always justify- they’ve already tried it, it’s too hard, they have special needs, etc.

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7 Ways to Spring Clean Your Finances

Family Balance Sheet

Refresh your memory with what you were thinking at the beginning of the year and review your yearly financial goals. You’re now in the trenches of the new year, do those goals still make sense? When reviewing your goals, did you use the S.M.A.R.T. Create a Daily/Weekly/Monthly Financial To-Do List.

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7 Ways to Spring Clean Your Finances

Family Balance Sheet

Do our goals still make sense now that we’re in the trenches of the new year? Take some time to review your yearly financial goals. SMART goals are: S – specific. Create a Daily/Weekly/Monthly Financial To-Do List. Did you use the S.M.A.R.T. method when writing them? M – measurable. R – realistic.

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How We Frugal-ed in June 2023

Family Balance Sheet

My goal has always been to live well on less while achieving our big financial goals. We had two options: wait a day to leave Florida or rent a car once we got to Philly and drive to our parked car at the Harrisburg airport. Frugal living is not about deprivation. Some months are more successful than others.

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