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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

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. Will they squander it or use it wisely? You can’t have it all. Money Tips'

Money 247
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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Create an Emergency Fund Let’s talk personal finances— $8,883 —that’s how much American households have in terms of emergency funds on average. You can use stocks and bonds to build wealth for your family and achieve a much more balanced investment strategy that nicely aligns with all your financial goals.

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

I would recommend that you have at least six months to a year’s worth of your monthly expenses saved in the event of a job loss or an unexpected emergency. It’s a question of how to ensure the gains outweigh the losses. This means you earn more than if you were to source for funds from a third party.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

I am used to moving a lot! I work in Finance/Accounting for a large corporation but I have also started a company called Every Single Dollar , which focuses on personal finance for single women. I no longer use credit cards – only debit cards or cash. Not using debt helps create the connection.