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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Get ahead of a possible job loss by punching up your resume today. For additional resources to help prepare for a recession and ensure your financial situation is in the best shape it can be, explore Take Charge America’s Budget Tools. Recessions often mean layoffs and higher unemployment. Thanks for reading!

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

Penny Pinchin' Mom

Drawbacks of Paying Off Debt With Limited Resources As unbelievable as it might be, paying off your debts has some disadvantages. I would recommend that you have at least six months to a year’s worth of your monthly expenses saved in the event of a job loss or an unexpected emergency.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

She owns Every Single Dollar , an online financial resource dedicated to helping single women make informed financial decisions and set themselves up for financial success. I work in Finance/Accounting for a large corporation but I have also started a company called Every Single Dollar , which focuses on personal finance for single women.