article thumbnail

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.

Recession 100
article thumbnail

Tips for Surviving Unemployment

Prairie Eco-Thrifter

However, you can recover from unemployment, and there are few great ways to cope with it as you seek a new career: Get Your Unemployment Benefits. When you first become unemployed, you should immediately see whether or not you qualify for unemployment benefits. Set a Firm Budget. Create a Routine.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Create an Emergency Fund | 31 Days to Organize Your Finances

Family Balance Sheet

Welcome to 31 Days to Organize Your Finances. We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. Once your finances are in order, your goal should be to increase that number to: three months of living expenses?

article thumbnail

Friday Links – Long Weekend Edition

Prairie Eco-Thrifter

Don’t miss Melissa’s post at My Personal Finance Journey if you Think You’re Sacrificing to Pay Down Debt? If you’re looking to ramp up your investing efforts but aren’t sure how to due to inexperience, John from All Things Finance has a great post on Investing for Beginners: Newbie Mistakes to Watch Out For.

Fridays 187
article thumbnail

The ABC’s of Debt Reduction

Prairie Eco-Thrifter

It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. Create a budget. It’s time that you put yourself and your family on a monthly budget. A simple budget allows you to regulate spending as well as track cost.

Debt 157
article thumbnail

Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. 20′s Finances: Hiring a Property Manager: What it Offers You Real Estate Investments can be time consuming.

October 200
article thumbnail

Marriage and Money: 5 Tips To Reduce the Money Arguments

Family Balance Sheet

I'm participating in Women’s Money Week which is about encouraging women to speak up about money, take control of our finances, and reshape our financial future. It could be from the stress of unemployment, a large debt load, or the amount of shoes in someone's closet; money can be an evil force in a marriage. In my house, it's me.

Money 225