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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

An emergency fund is vital regardless of the larger economic climate. Assess your emergency savings today and explore ways to bolster them through possible side hustles or gig work. Generally, you want to aim for an emergency fund of three to six months of expenses. Prepare for the unexpected.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

What got us through.our emergency fund. Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. How Much Do You Need in an Emergency Fund?

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? Bob from Christian Finances asks Is it time to go on a cash diet?

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Is Now The Time to Buy a Home?

Prairie Eco-Thrifter

Since living expenses consume a considerable portion of most people’s income, it is a good idea to put a lot of thought into the decision and where your money is ultimately going. Often times you hear of home ownership referred to as the American dream, but this isn’t always the case. Money Tips'

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Which Insurance Policies Should You Absolutely Have?

Prairie Eco-Thrifter

Consumers should have auto, home, and renters insurance if they own any of those items,” says Liran Hirschkorn, founder of BestLifeQuote.com. Insurance helps you manage your finances. After all, one hospital visit could push your finances over the edge. What Do You Own? “There really is no negotiating there.

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How to Make Your Budget Work for You

Prairie Eco-Thrifter

Would you feel a weight lifted if you could pay off your high-rate consumer debt? In fact, if you identify your values, and use them to direct your finances, you are more likely to stick with a spending plan and feel better about your financial situation at the same time. Think about what brings satisfaction to your life. must be paid.

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Should You Buy a House Now?

Prairie Eco-Thrifter

” Is most of my consumer credit dealt with? It makes sense to wait to buy until your consumer debt is mostly handled. Adding another debt obligation while you are already struggling with high-interest consumer debt, can burden your finances. An emergency fund? What happens if I lose some of my income?

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