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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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Money Matters: New Year's Spending Survey

Motherhood Moments

As was the case heading into 2022, inflation is a big concern for consumers heading into 2023.” Americans are feeling the burden of prolonged inflation, and the debate over whether we’re already in a recession or one is simply inevitable certainly is not helping to foster a positive outlook.”

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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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Why Use Cash?

Prairie Eco-Thrifter

With the rash of data breaches at some of the major retailers in the past years, consumers are becoming more wary of flashing their debit and credit cards at brick and mortar stores when they could be using cash. In 2008-2009 when we had the credit crunch and recession, there was at least one day when stores were not accepting credit.

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What’s in the News- Edition 4

Prairie Eco-Thrifter

billion on consumer electronics. No wonder we had a recession! You read and be the judge. Canadians Spend Big on Electronics in 2010 - apparently as a nation we spent a total of $11.5 And get this; this was 1.1% lower than the previous year. Who can keep that up inevitably. That concludes this week’s edition.

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Bulova Sonora Satin Black Finish Dual Time Desk Clock Just $62.99!

Nicoles Nickels

With renowned technology and a dedication to the decorative arts, Bulova Clocks bring the finest timekeeping craftsmanship to a broad spectrum of consumers, from first-home buyers to established connoisseurs. Spun aluminum recessed dial and bezel with black hour markers. Brushed aluminum pendulum. Quartz movement.

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Growth of Sustainable Finance to Support the Environment

Prairie Eco-Thrifter

It is not at all surprising, considering the enormous demand of such green investments among consumers, that the solar stocks and wind stocks have gained significant profits even during the recession. Many people have a growing awareness about personal finance and the advantages of making investments, especially green investments.

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