article thumbnail

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. Consider strategies such as the debt snowball or avalanche methods or explore credit counseling to get a personalized action plan to attack your debt.

Recession 100
article thumbnail

Personal Loan Calculator – NerdWallet

Savings Corner

Borrowers with strong credit and income are more likely to qualify for large loan amounts. Your personal loan interest rate is based primarily on your credit profile and financial information. Good-credit borrowers with low debt-to-income ratios often get the lowest rates. Personal loan amounts are from $1,000 to $100,000.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The ABC’s of Debt Reduction

Prairie Eco-Thrifter

It will take years to see a dramatic reversal of the unemployment trend that saw the US unemployment rate nearly reach 10%. Budgets are also helpful tools to identify and minimize waste. While this may keep your credit in good shape, your finances will remain in shambles. Sometimes shopping around may be an easy fix.

Debt 157
article thumbnail

23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Other players include Payoff, which targets better credit risks. Power tools? Mechanics tools and tool box? power tools.) With passive income, you can have money coming in even as you pursue your primary job, or if you’re able to build up a solid stream of passive income, you might want to kick back a little.

Money 52