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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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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.

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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. Personal Finance Whiz : What Is An Emergency Fund? There were 50 submissions this week.

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Yakezie Carnival November 13, 2011- November 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. Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession?

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How to Build your Emergency Fund

Family Balance Sheet

Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery. This amount is also highly recommended by other personal finance experts. Instead, it is for life’s emergencies and unexpected expenses.

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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. Budget Financial Freedom Financial Organization' What is an Emergency Fund.

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How to Build your Emergency Fund

Family Balance Sheet

Unemployment and reduced income are considered emergencies, and so is a leaking roof, a broken hot water heater, or a dead car battery, but a broken TV, sweet riding boots, or the snazziest new gadget…not so much. Once your finances are in order, your goal should be to increase that number to an amount that you feel is sufficient.