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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

As Americans assess their financial situations following a challenging year, several economic signs — including continued high interest rates and lingering inflation — are still warning of a possible recession sometime in 2023. Maliga shares several ways to prepare for a recession: Prepare a bare bones budget.

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. As a result of the recession, many have resolved to forever alter the way that they conduct their household business.

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The Danger In Assuming

Prairie Eco-Thrifter

Despite having climbed their way up the corporate ladder and proving their value in millions of revenue and/or savings for the companies they worked for, the structure of each company was changing such that my parents were no longer necessary, regardless of their past performance. Have you ever made an assumption that cost you?

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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? Saving Money Today: A Tree Smashed Through My Roof and I’m Lucky – I can’t believe how lucky I feel that a tree fell through my roof and did $9,000 in damage. It can save you time and headache, and maybe even a few bucks too.

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Adult Children Living At Home – How To Approach It

Prairie Eco-Thrifter

While there are many reasons why adult children could be living with their parents, right now most of the blame falls on the economy and the recession. The recession has made it more difficult than usual for new graduates to find gainful employment, especially with experienced workers finding themselves unemployed for months or even years.

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