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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

But in a recession, you’ll want to consider padding your existing savings — especially due to recent inflation that has pushed the cost of living higher. Assess your emergency savings today and explore ways to bolster them through possible side hustles or gig work. Get ahead of a possible job loss by punching up your resume today.

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How to Overcome an Addiction Without Breaking the Bank: Key Tips to Follow

Koupon Karen

Addictions can lead to job loss, strained relationships, legal issues, and health problems, all of which come with their expenses. Online resources and self-help books can also be valuable tools in overcoming addiction without spending a fortune. The Cost of Addiction The cost of addiction can be both financial and emotional.

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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? If you are confused about whether you should pay off debt or save, you are not alone, although everyone’s financial situation is different. Should you pay off debt or save? appeared first on Penny Pinchin' Mom.

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Buying a Home With the Help of Mortgage Insurance

Prairie Eco-Thrifter

But more significantly, it’s also prevalent in the big things; buying an enormous five-bedroom house for a family of three, for example, that takes up vital resources (gas, electricity) in addition to costing a fortune. Would you buy a home with mortgage insurance or would you wait until you had your 20% saved?

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Should You Accept Family Money?

Prairie Eco-Thrifter

Sometimes parents will offer temporary funding to tide the family over in times of unusual circumstances (such as job losses or extreme medical expenses, etc). Parents do watch to see how offspring utilize monetary resources. Most parents are going to intervene if they see a grown child being abused in a marriage.

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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. Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Today’s Debt Free Story is from Jessica.