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A Single Mother Struggling to Budget Weighs the Balance Between Just Surviving and Really Living

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So, I had to learn to stick to my budget , which wasn’t easy, especially for someone who’d had to repeat a year of high school math. How did I rationalize spending money that put me slightly over budget? Right after the workshop, I purchased Egyptian cotton sheets and a duvet cover. It was almost impossible on my own.

Budget 264
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‘Money Boss’ Jo Davison’s 5 Steps for Taking Control of Your Finances

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As the founder of a financial coaching enterprise called She’s a Money Boss , she’s not teaching people how to scrimp and save and budget their way to financial freedom. So, don’t get stressed about that,’” she says. This method has worked for her for years and takes the stress out of large or unexpected expenses.

Finance 290
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The Biggest Financial Mistakes to Avoid in Your 20s

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In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. However, they should only pour money into paying off student loan debt if it’s causing emotional or psychological stress. “If However, beyond that, your money might be wisely spent elsewhere.

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Transforming Your Relationship with Money

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For some people, that might be doubling down on a budget to track your spending. Money issues can be deep-seated and convoluted, so a professional counselor specifically trained in emotional stress around finances might be a good option to support you on this journey.

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Start Talking to Your Kids About Investing—Here’s Where to Start

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Learning to invest is intimidating for many adults, so the idea of teaching kids about investing can be a source of stress for many families. Discuss some big purchases you want to make as a family and how you’re budgeting for them.

Finance 246
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The Biggest Financial Mistakes to Avoid in Your 20s

Success

In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. However, they should only pour money into paying off student loan debt if it’s causing emotional or psychological stress. “If However, beyond that, your money might be wisely spent elsewhere.

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8 Pieces of Financial Advice for New College Graduates

Success

College graduation is exciting and stressful as you look for a job and start work in your chosen field. Following a financial independence plan, which includes a savings system and budget, will be the key to chasing your goals while maintaining a roof over your head and food in the fridge. Start an emergency fund.