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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. The needs, goals and temperament of every household are unique. Some families find it feasible to make drastic cuts to non essential expenditures such as entertainment, dining out, and vacationing.

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How to Build your Emergency Fund

Family Balance Sheet

Please don’t confuse this money with vacation money or new furniture money. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. An emergency fund is NOT a spending account. Instead, it is for life’s emergencies and unexpected expenses.

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Current Mortgage Rates: Compare today’s rates | NerdWallet

Savings Corner

Mortgages for primary residences — a place you’re actually going to live — generally get lower interest rates than home loans for vacation properties, second homes or investment properties. Changes in inflation and unemployment rates tend to put pressure on interest rates. Forces you can’t control: The U.S.

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Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

By the end of the month, my goal is to help you have a detailed financial plan for your family. Surely unemployment, reduced income or a business downturn is considered an emergency, but so is a leaking roof, a broken hot water heater, or a dead car battery. Don’t confuse this money with vacation money or new furniture money.

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Stay the Course Financially

Prairie Eco-Thrifter

Why shouldn’t we take that overseas vacation, buy that luxury condo at the lake, get new clothes every change of season, have that spiffy new car? It will help you learn to set and meet financial goals, start auto investment programs and increase your savings when your income increases. Why stay the course?

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How to Build your Emergency Fund

Family Balance Sheet

Please don’t confuse this money with vacation money or new furniture money. Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery, but a broken TV, sweet riding boots, or the snazziest new gadget…not so much.