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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Maliga shares several ways to prepare for a recession: Prepare a bare bones budget. Prepare ahead of time and create a bare bones budget that includes only your essentials — think food, shelter, clothes, transportation and insurance — so you have a plan in the event that you experience a loss of income or need to cut expenses suddenly.

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

Penny Pinchin' Mom

The post Managing Family Finances: Tips and Strategies for a Better Financial Future appeared first on Penny Pinchin' Mom. Family finances can be tricky! Despite having a strict family budget , some members of my beautiful family still try to find sneaky ways to spend more than is allocated to them at any given time.

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

Penny Pinchin' Mom

The post The Age Old Question: Should You Pay Off Debt or Save? Should you pay off debt or save? You are one emergency short of losing track of your finances. If you are confused about whether you should pay off debt or save, you are not alone, although everyone’s financial situation is different. What gives?

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future. Not Having a Budget I know, you’ve heard it all before but have you taken action on this one yet? It’s wasted money.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

When it comes to you finances, are you doing okay, but know you could be doing better? Lots of little changes can add up to big results, like a fatter savings account, more contributions to retirement funds , the means to do really cool stuff and just greater peace of mind. See a Budget as an Ally. Money Tips'

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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. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt? Who handles the day-to-day finances in your home or do you work on it equally? My husband is working on building up his retirement savings.

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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 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. Simply doing a budget. Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Was there a particular event?