Motherhood Moments

JANUARY 18, 2023

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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Recession Finance Emergency Fund Debt 100

Savings Corner

APRIL 4, 2024

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. That may be fine if your goal is to preserve capital and maintain a steady flow of interest income. In contrast, higher-risk investments are better suited for long-term goals.

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April Lowes CD Bank 52

Prairie Eco-Thrifter

MAY 26, 2016

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Of course, depending on what we buy, we may experience some buyers remorse. Risk tolerance can dictate you save.

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Money Saving Money Lowes Grandchildren 124