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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. Prepare by paying off debt. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash.

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How this Couple Eliminated $180,000 of Debt in 12 Months!

Family Balance Sheet

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?

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Friday Links – Too Swamped Edition

Prairie Eco-Thrifter

If you’re currently balancing your debt payoff and savings efforts, Canadian Budget Binder highlights the reason why it’s important to get out of debt first before saving. Are you a current student or someone who’s currently paying off student loan debt? PET Archives: How to make your own clothes.

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Start Small; Dream Big: Achieving Financial Security From Small Beginnings

Prairie Eco-Thrifter

What about holidays, cars, homes, designer clothes, retirement? She got rid of her credit card debt using this.” Rowan says that the best thing he did to achieve his dream of retiring by age forty, was to educate himself on all things financial. People who have no dream and aim at nothing, usually have no trouble getting it.

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Start Planning and Budgeting for Summer TODAY!

Family Balance Sheet

Include everything from weekend trips to longer vacations, yard/garden projects, home renovations, kids’ camps, gear and clothing, and any other summer expense you might have. They’re all designed to help you save money, pay off debt, and achieve your financial goals, so please take advantage of them. Share in the comments!

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Frugal tax filing.

Finally Frugal

There was a time in the not-so-distant past that my refund would have been spent on shoes, or clothes, or trinkets, or, yes, more shoes. For the past couple of years, my refund has gone straight to debt repayment. Department of Education. I can't WAIT to get my hands on my refund each year! Subscribe to Finally Frugal.

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P.E.P. for the Week of January 24-28, 2010- Adjustment Edition

Prairie Eco-Thrifter

Both my husband and I have worn second hand clothes and I must say, no one is the wiser. Reducing Debt. Not Made of Money shares with us some tips on how to stay motivated at paying off our debt. I had to remind myself that being debt free was the first step to fulfilling my dreams. How about you? Yakezie Scholarship.

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