Penny Pinchin' Mom
FEBRUARY 16, 2024
Increase Your Income If you are going to learn how to save extra money for a car, you might as well teach yourself how to earn more money for the expense. You are going to need gas, car insurance, and money for car maintenance and repair costs. Setting up an automatic savings account system works wonders for me.
Family Balance Sheet
MARCH 26, 2021
In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. Create a separate savings account and call it your Emergency Fund. Be diligent about how you use this account. This amount is also highly recommended by other personal finance experts.
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Prairie Eco-Thrifter
MARCH 22, 2011
5 Pieces of Advice to Tell Your Child About Money is a series that will run every Tuesday for the next few weeks where some of the top personal finance bloggers share their thoughts on this topic. When you are young and many years from considering retirement (and not earning much), it’s tough to save money. Live simply.
Family Balance Sheet
FEBRUARY 11, 2016
In the same week, I woke up one morning to an icy cold shower and the discovery that our hot water heater was broken beyond repair. Create a separate savings account and call it your Emergency Fund. Be diligent about how you use this account. A few years ago, our van needed four new tires to pass inspection.
For the Mommas
MAY 22, 2012
The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. In personal finance, a sinking fund is a savings account that is designated specifically for an irregular expense.
Family Balance Sheet
OCTOBER 13, 2014
The total cost for the new tires and the dryer repair was $900. Three to six months living expenses used to be what the personal finance experts recommended, but in today’s environment, maybe six months to a year is more prudent. An emergency fund is not a spending account. Oh, and it happened all in one week.
The Frugal Girl
MARCH 4, 2024
I learned from the best, but I believe that a personal finance course should be a requirement for both high school and college graduation. Even though Alan was an IT professional by trade, his logical mind also understands what makes all kinds of mechanical things work, and he can repair just about everything I break.
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