Motherhood Moments

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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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Money Matters: Brilliant Hacks to Consider Before Purchasing a New Home

Motherhood Moments

Pay Off Debts to Be More Attractive to Lenders If you have real debt problems, then another solution is to start paying off what you owe. When you do, consider using the debt snowball strategy , in which you start paying off your debts starting with the smallest accounts first.

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Thrifty Thinking: Valentine's Day

Motherhood Moments

Some of the best first steps to take include increasing the amount of money you save or use to pay off debts, making fewer non-essential purchases and sticking to a budget. You should also monitor your credit score and credit report on a regular basis, as well as look for ways to boost your income.