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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? What Makes You Feel Wealthy? Money Tips'

Money 247
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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. My son knows that there are two meeting points out (depending on whether he leaves out the front or out the back) in our neighborhood. You never know when an emergency will arise.

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Should You Accept Family Money?

Prairie Eco-Thrifter

I thought there would be ‘strings’ attached to the use of the money. Daughters and sons of very wealthy families sometimes want to disown the family wealth in order to prove themselves. Helping kids over a rough spot can make a parent feel useful. I wanted to prove myself. It is, after all, their money.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. We paid for braces, college tuition for my son, and did fun stuff like traveling while we were paying off debt. No, although we inadvertently used the debt snowball method without having heard of it. to a high of maybe $80,000/year.

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