Budgeting, Job Loss, Saving and Unemployment

Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

JANUARY 18, 2023

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

Recession Finance Emergency Fund Debt

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

Family Balance Sheet

SEPTEMBER 9, 2014

We also went through multiple job losses, surgeries, huge car repairs, etc. I had already cut expenses to the bone early on, since experiencing a multi-year stretch of unemployment, so there wasn’t much to be done there, although I think my husband cancelled his gym membership. to a high of maybe $80,000/year.

Debt

Debt Debt Free Pay Off Debt Financial Goals

Frugal Focus

Money Matters: How to Prepare Your Finances for a Recession

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

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