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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. Prepare by paying off debt. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash.

Recession 100
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10 Things To Do When You Lose Your Job

Prairie Eco-Thrifter

You might also be entitled to assistance from services for free food or food stamps, assistance with bills or medical treatment. 2.) Apply for jobs. I realize the job market it tight, but if you are not applying, you are not likely to get a job. 6.) Find sources of free food and menu plan.

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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. How much debt did you pay off? What kind of debt was it? I had $56,000 of debt when I decided to become debt free. What inspired you to get debt free? The inspiration to pay off my debt was watching my grandmother balance her checkbook.