article thumbnail

Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

I have a bunch of lovable relatives (my nuclear family) who believe we are somehow made of money. Of course, budgeting isn’t all about sucking the fun out of everyone’s existence and putting family life on hold. This is the kind of money that will hold you over when something unexpected happens. I would know.

article thumbnail

Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

So, in this article, we’re going to look at 10 small money mistakes that many people make, often unaware of the impact they are having on their financial security. This small money mistake has a sub-section – accepting the so-called ‘free’ credit card upgrades or new cards. It’s wasted money.

Money 235
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

The result is that your money will last indefinitely. Your money really can last forever. If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. Money Tips' But What If Things Change?

article thumbnail

Buying a Home With the Help of Mortgage Insurance

Prairie Eco-Thrifter

If you’re one of the many people who can’t afford to put down the preferred 20% down payment, then you will be required by the lender to get mortgage insurance. The Definition of Mortgage Insurance. Additional Benefits to Mortgage Insurance. Related posts: How to Save Money on Your Home’s Mortgage.

Insurance 185