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Meet a Reader | Mid-Atlantic Julia

The Frugal Girl

As a teenager, I saved quite a bit of the money I earned babysitting and working in a dining hall. I liked seeing money accumulate and grow, and that has continued into adulthood! Over time, I have realized that I had somewhat of an unhealthy way of depending on money for a sense of security and control.

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Start Saving Early for Retirement: Tips for Young People Just Starting Out

Prairie Eco-Thrifter

They might have a part-time job to help pay their way through school or they may have started full-time employment for the first time. For a number of years, financial experts have been advising young people to set up a retirement savings account right from when they first start paid work. I know I do.

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Family Office Manager

Family Balance Sheet

I read this book around the same time that I became a mother and left the full-time workforce to stay at home with our new baby. There’s a yearly fee and a learning curve, but I love YNAB and it helps me stay on budget and financially organized with our day-to-day checking and savings accounts.

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An Easy Way to Save for Irregular Expenses

For the Mommas

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense. Bank your savings.

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Easy Ways to Build Up Your Savings

Prairie Eco-Thrifter

One of the first things that I implemented, when I decided that I needed to save more, was opening up a savings account (in my case, a TFSA which is now an investment account) that I could transfer all of my extra income into. I put $25 per paycheck into my savings account every second Friday.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

How did you get interested in saving money? When my brother and I were growing up, our parents didn’t have much discretionary income. I learned to save money by watching my parents. (I I still remember saving my change as a kid so I could “shop” for books at yard sales.) Alan doesn’t share that regret.