Prairie Eco-Thrifter
MARCH 23, 2017
Plus, with a college education it is more likely that the kids will be on their own quicker. Getting them out of the nest and on their own is a big goal of most parents. Helping kids over a rough spot can make a parent feel useful. Making sure the grandchildren have the desired benefits enhances their peace of mind.
Prairie Eco-Thrifter
SEPTEMBER 15, 2014
Setting goals and reaching them continues to be enriching and satisfying to me. Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. I used to worry about what would happen to my kids if my spouse decided to move on.
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Penny Pinchin' Mom
DECEMBER 17, 2023
Emergencies constitute things like: Job loss Medical emergencies Accidents Unplanned large purchases (necessary large purchases) Natural disaster expenses You absolutely need to have this money set aside somewhere it can be easily accessed but also not within your day-to-day reach.
Family Balance Sheet
SEPTEMBER 9, 2014
We also went through multiple job losses, surgeries, huge car repairs, etc. In practice, that could mean living somewhere you can walk to work if your car breaks down until you can save up the the money to repair it, telling your kid they have to pay for their own cell phone if they want to keep it (this is not a bad thing you know!),
Family Balance Sheet
APRIL 12, 2016
I am the oldest of seven kids (yes, we all have the same parents – I get asked that quite a bit!). It took me five years to pay off my debt but two of those years I had a job loss, I was taking care of my grandparents and I had lost my motivation and drive to pay off the debt. What are your financial goals now?
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