Remove Budgeting Remove Debt Remove Finance Remove Job Loss
article thumbnail

Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

“Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. Maliga shares several ways to prepare for a recession: Prepare a bare bones budget. Prepare by paying off debt. Prepare for the unexpected.

Recession 100
article thumbnail

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? So, you want to get started on debt repayment so you can focus on other financial goals? However, if you pay off these debts, there will be nothing left for investments in these tough financial times. What gives?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. Quitting my job is one of the things being debt free has enabled us to do.

Debt 236
article thumbnail

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.

article thumbnail

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?

Money 235
article thumbnail

Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

Today’s Debt Free Story is from Jessica. 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. How much debt did you pay off? What kind of debt was it? How much debt did you pay off?

article thumbnail

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? See a Budget as an Ally. For many of us, the word ‘budget’ leaves a bad taste in our mouth. But, budgets are not the enemy. You know your finances and where that line is between reasonable and too much. Get Specific with Goals.

Money 113