article thumbnail

Money Matters: End of Year Personal Finance Checklist

Motherhood Moments

> MAKE A DEBT PLAN If you have outstanding debt, perhaps this year is the right time to make a plan to pay it off. > He is able to speak about the banking industry, interest rate market, and general financial/economic questions. Jeff is available virtually or over email/phone. This material comes from Motherhood Moment.

article thumbnail

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. An emergency fund is vital regardless of the larger economic climate. Prepare by paying off debt.

Recession 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is National Financial Literacy Month?

Prairie Eco-Thrifter

Forty-one percent of adults in the United States gave themselves a grade of C, D, or F on their knowledge of personal finance (according to the 2011 Consumer Financial Literacy Survey Final Report of the National Foundation for Credit Counseling). According to the resolution: Twenty-five.6

article thumbnail

How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. That was me, at any rate.

article thumbnail

What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Here are some of the most common applications.

Debt 52
article thumbnail

Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Budgeting and Economics. Wayne presents Purpose of Budgeting posted at Young Family Finance , saying, “Are you left wondering why you should budget? Justin presents Know the Common Mistakes with Your Personal Finances posted at Budget Snob , saying, “Many people make the same financial mistakes.

Money 133
article thumbnail

Sustainable Living Traits To Pass On To Your Children

Prairie Eco-Thrifter

With so much turmoil and unease in the world today – political, social/economical, technological, environmental, etc. Personal Finances – A Thrifty Lifestyle Is A Sustainable Lifestyle Our economic stability is also a key aspect in maintaining a healthy outlook and plays an integral part in a sustainable lifestyle. (And

Thrifty 189