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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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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Let’s look more closely at how HELOCs and home equity loans work, and how to determine which would work best for you. If property values decline abruptly or a recession occurs , the lender could reduce your credit line, freeze it or even demand immediate repayment in full. Home equity loan: What is it?

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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. As a result of the recession, many have resolved to forever alter the way that they conduct their household business. Pick a plan that works for you. The plan only works when you work the plan; otherwise it’s just words on a page.

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What Makes a Saver?

Prairie Eco-Thrifter

Those affected by our recent Great Recession have had the benefits of saving reinforced as well. As a retiree, I started out as a saver, unsure how the finances were all going to work out (especially since I retired during the last recession). Included here is peer pressure.

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Jobs for those Without a College Degree

Prairie Eco-Thrifter

Degrees are very expensive and in this post recession economy, don’t necessarily guarantee the best return on your dollar. My hair stylist gets $70 for about an hours worth of work – for a cut/color/wash and style. She works for herself and has built up many regular and consistent clients over the years.

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Book Nook: Story Pirates Book Club

Motherhood Moments

SPTV , which airs on several PBS affiliates around the country—won a 2022 Silver Anthem Award , which celebrates purpose and mission-driven work. This multiple-award-winning arts education organization brings mind-blowing excitement to literacy learning.

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Alternatives to College

Prairie Eco-Thrifter

I graduated from State U with a liberal arts degree in the early 1970s – when there was a world wide recession followed by stagflation. I’m not sure that my two daughters-in-law would agree that you can get to the status of working as an RN without a 4 year degree (BSN) in nursing. My newly won degree brought no lucrative job.

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