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How We Frugal-ed in June 2023

Family Balance Sheet

Since April, he made over $800 by selling 3 old bikes, unused furniture, a college fridge, a camping grill, a TV, and other misc stuff. We put the funds towards new furniture for our sunroom to replace a 15-year-old set that was outdated and very uncomfortable. In total, we have made $250 in interest since April.

Frugal 100
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How to Build your Emergency Fund

Family Balance Sheet

An emergency fund is NOT a spending account. Please don’t confuse this money with vacation money or new furniture money. Your wants and dreams are secondary and should be saved separately. Create a separate savings account and call it your Emergency Fund. Be diligent about how you use this account.

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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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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

Your wants and dreams are secondary and need to be saved for separately. Don't confuse this money with vacation money or new furniture money. It is not a spending account. Save it and forget about it. Which comes first: saving for an emergency OR paying off debt? Absolutely! It is for emergencies.

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How to Simplify Your Life to Make it Better

Prairie Eco-Thrifter

I moved the furniture around; I had left it the same as when I took over this office and had never really been comfortable. I kept one checking account as the working account and had my salary paid automatically into it. I tell you, I felt so great after I had finished; like a huge weight was gone from my head and shoulders.

Making 238
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How to Build your Emergency Fund

Family Balance Sheet

An emergency fund is NOT a spending account. Please don’t confuse this money with vacation money or new furniture money. Your wants and dreams are secondary and should be saved for separately. Create a separate savings account and call it your Emergency Fund. Be diligent about how you use this account.

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How to Get By on One Income When Baby Arrives

For the Mommas

Set up a high-interest savings account and be methodical about regularly contributing. Learning to make sacrifices early on and creating long-term saving habits can make a big difference on how long you are able to stay home with your new baby. Nursery furniture and toys can be picked up at a fraction of the price.

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