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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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What Makes a Saver?

Prairie Eco-Thrifter

Those affected by our recent Great Recession have had the benefits of saving reinforced as well. But, in college, I spent my summer earnings – on clothes, on a used car and on school activities. As a young mom, I saved like mad – going to garage sales, thrift stores and accepting hand me downs on toys and clothing.

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Ask LV: Mom Wardrobe

Cheap Chica's Guide To Style

I also work part time as a lunch/recess mom at a local elementary school. I would love to get some style tips on clothes that are both cute but still functional for my crazy life. “I’m a busy mom of two travel hockey boys (ages 9 and 7). That includes being in and out of freezing ice arenas! ” – Nicole.

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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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Mercury Luggage Seward Trunk Wheeled Storage Footlocker – $49.99

Saving With Shellie

This wheeled storage trunk is ideal for storing clothing, books, extra linens, cleaning supplies and more. For extra portability, it has two recessed wheels that make it easily portable. Head to Walmart.com where you can pick up this Mercury Luggage Seward Trunk Wheeled Storage Footlocker for only $49.99 – down from $79.99!

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She’s Back…

Cheap Chica's Guide To Style

I’ll be tuning in for every episode to get my fill of her amazing clothes, awe-inspriing jewelry collection and countless Rachel-isms!! Designer Recession! Rachel and all her TV goodness (including Taylor and Brad) will be returning for a 2nd season on Bravo starrting August 25th !! Welcome to CheapChica! Is Zoe a CheapChica??

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Adult Children Living At Home – How To Approach It

Prairie Eco-Thrifter

While there are many reasons why adult children could be living with their parents, right now most of the blame falls on the economy and the recession. The recession has made it more difficult than usual for new graduates to find gainful employment, especially with experienced workers finding themselves unemployed for months or even years.

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