15 Ways to Save More Money When You’re Living Paycheck to Paycheck

Our question of the month comes in from Anonymous … we’ll just call her Jane Dough:

Andy! Help!

We make $120,000 per year, but we spend nearly all of it. We want to get rid of our student loans, but there’s just no money left at the end of the month. And retirement … we’re so behind.

We’re married, we have one kid and another on the way. Daycare is crazy expensive. We want to fix our money situation, but don’t know where we can save money.

What can we do to save more money?

Jane

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Sinking Funds: The Secret to a Successful Budget

Hello all! Andy Hill here …  We have a new guest post from personal finance writer Amy Beardsley from Early Morning Money. Amy is a self-described money geek that is obsessed with simplifying money and breaking free from the burden of debt. Her article below shares why we all need sinking funds in our budgets to help us create that freedom we desire. Enjoy!

When it comes to your family’s finances, you already know you need an emergency fund to protect you from a job layoff or major medical illness. But what about all of those little expenses that come up year after year, like car insurance, Christmas, or your annual family vacation?

That’s what sinking funds are for, and they’re the secret to a successful budget.

When money is tight, or you’re working on a big debt-payoff goal, covering all of your expenses is key to making it work. With sinking funds, you can easily stick to your budget even when faced with costs that don’t come up that often. Here’s how to get started.

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10 Budget Apps That Make Your Personal Finance Goals Easy

There are mobile apps for just about everything nowadays. This includes apps designed to help you improve your personal finances through budgeting.

Using a budget is an excellent way to eliminate debt, save money, and reach your financial goals faster. With new budgeting apps available to download every year, which ones are the best for you and your family to improve your finances?

Here are 10 budgeting apps to that we like.

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