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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

As Americans assess their financial situations following a challenging year, several economic signs — including continued high interest rates and lingering inflation — are still warning of a possible recession sometime in 2023. Maliga shares several ways to prepare for a recession: Prepare a bare bones budget. Prepare your resume.

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The ABC’s of Debt Reduction

Prairie Eco-Thrifter

The economic effects of the recession of 2008 are still very much upon us. It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. As a result of the recession, many have resolved to forever alter the way that they conduct their household business.

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The Danger In Assuming

Prairie Eco-Thrifter

Let’s just flash back to six years ago to the burst of the housing bubble, massive unemployment, and the tumble of the stock market to crush this assumption. Unfortunately the recession of 2008 was not an isolated incident. Assumption #3: Your assets will always appreciate and your income will always rise.

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Stay the Course Financially

Prairie Eco-Thrifter

When the Great Recession began in 2008/2009, my boss at the time (a Vice President of the company) and her spouse consulted their financial adviser to see what they should do. They asked him what would likely cause us to come out of recession. The world wide recession made us all (either of necessity or by choice) a bit more frugal.

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Free Kindle Books: A Day in Dogtown, Somewhere in Time And More

For the Mommas

But now, as a result of the Great Recession, Courtney’s world is unraveling. Ten year old Courtney Cromwell’s favorite person in the world isn’t a person, it’s a dog. Theo, her lovable chocolate Lab, has been her faithful companion since she was born. Soon her family will be moving into an apartment that doesn’t allow dogs.

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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? Darwin’s Money: Unemployment by Major – Some Degrees Pay While Others Leave YOU Paying – This new report sheds light on which majors have high or low unemployment rates – and what the salaries are.

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If You???re Not Poor, Can You Teach Your Kids What It???s Like to Be Poor?

Prairie Eco-Thrifter

During the recession in the ’80s, he was unemployed for nearly 2.5 While I was growing up, my family didn’t have much money. My dad worked first as a meat cutter and then at a factory. My mom was an at home day care provider. We got our clothes as hand me down from older cousins or from thrift stores.

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