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. Prepare by paying off debt. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash.

Recession 100
article thumbnail

How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We just finished paying off our non-mortgage debts and now we were considering taking out a car loan. Update our Debt Freedom Plan to reflect lessons learned during this crisis.

Budgeting 246
Insiders

Sign Up for our Newsletter

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

article thumbnail

Prairie Eco-Thrifter Was Included in Six Carnivals This Week

Prairie Eco-Thrifter

My University Money included the guest post, Insuring Your Car: Online Car Insurance versus Insurance Agent in the Carnival of Financial Camaraderie #16. Lastly, Diva in Debt included my post, How to Volunteer More in Carnival of Personal Finance. Prairie Eco-Thrifter Was Included in Six Carnivals This Week.

Insurance 150
article thumbnail

7 Things You Can Do to Improve Your Health

Prairie Eco-Thrifter

Debt and financial stress have more of an impact on your health than most people realize. The reason why is because debt contributes to stress, which affects your health. A nutritionist can help you track food and determine what needs to change. Live within your means. Get moving.

Health 100
article thumbnail

How to Make Your Budget Work for You

Prairie Eco-Thrifter

Would you feel a weight lifted if you could pay off your high-rate consumer debt? But I also have bills to pay and it’s important to buy healthy foods for my family to eat. The mortgage and other bills (utilities, insurance, etc.) An automatic contribution is made monthly to the local food bank, and I tithe.

Budgeting 218
article thumbnail

Breakfast Ideas and Menu Planning Tips

Family Balance Sheet

If you answered yes to any of these options", then check out 12 Healthy Breakfast Food Ideas That Are Quick and Easy. The website strives to educate individuals in making wise choices about credit and debt, investing, education, real estate, insurance, spending, and more." Also, offer your tips for grab and go breakfast ideas.

article thumbnail

Are You Letting Your Luxuries Become Needs?

Prairie Eco-Thrifter

TVs, cable, Internet service, certain clothes, particular foods, and even some social activities. However, the problem comes when your propensity to spend on luxuries leads to debt. If you are in debt because of the luxuries that you insist on having, that’s when it becomes a problem. Think Again… Money Tips'

Phones 229