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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Prepare by paying off debt. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash. Consider strategies such as the debt snowball or avalanche methods or explore credit counseling to get a personalized action plan to attack your debt.

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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. It was during this rather taxing weekend that I was reminded of how great a loving family can be. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? It has gone on for generations. What do you think?

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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

The post The Age Old Question: Should You Pay Off Debt or Save? Should you pay off debt or save? So, you want to get started on debt repayment so you can focus on other financial goals? However, if you pay off these debts, there will be nothing left for investments in these tough financial times.

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Friday Links – Win an iPad Mini Edition

Prairie Eco-Thrifter

My friend Jackie over at The Debt Myth has created a Pay Off Debt App which I think is very cool. She has lived the journey of being sunken in debt and then freeing herself and now she is trying to help others do the same with her new app. Mike from Personal Finance Journey wants to know if coupons are worth it.

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Cool Things I Read This Week

Prairie Eco-Thrifter

Reader Asks About Selling Home to Pay Off Debt – [link] I agree. Prairie Eco-Thrifter has Been Featured in the Carnival of Personal Finance # 297 [link] #. Prairie Eco-Thrifter has Been Featured in the Canadian Finance Carnival # 24 [link] #. How to Become an Earth Friendly Consumer [link] #.

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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. How is it possible that a couple making $200K don’t know where $60K is going every year?

October 200
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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. We have found after 16+ years of marriage that if we do not communicate regularly about our finances, we tend to over-spend, argue, make assumptions, and become complacent.